Thursday, 07, May, 2026
 
 
 
Expand O P Jindal Global University
 
  
  
 
 
 

Rajendra Kumar Sharma S/O Shri ... vs The Department Of Financial ...
2021 Latest Caselaw 6607 Raj/2

Citation : 2021 Latest Caselaw 6607 Raj/2
Judgement Date : 17 November, 2021

Rajasthan High Court
Rajendra Kumar Sharma S/O Shri ... vs The Department Of Financial ... on 17 November, 2021
Bench: Akil Kureshi, Rekha Borana
         HIGH COURT OF JUDICATURE FOR RAJASTHAN
                     BENCH AT JAIPUR

                 D.B. Special Appeal Writ No. 960/2021

Rajendra Kumar Sharma S/o Shri Sitaram Sharma, Aged About
34 Years, Resident Of 137, Hathroi Bawadi, Society, Ward 18,
Gopalbari, Ajmer Road, Jaipur (Rajasthan) Presently Residing At
B 41, Sudarshanpura Industrial Area, 22 Godown, Jaipur-302006
(Rajasthan)
                                                                         ----Appellant
                                     Versus
1.       The Department Of Financial Services, Through Its
         Secretary (Fs) Ministry Of Finance 6A, 3Rd Floor, Jeevan
         Deep Building Sansad Marg, New Delhi 110001.
2.       Reserve Bank Of India, Through Its Regional Director
         Rambagh Circle Tonk Road Jaipur 302004 (Rajasthan)
3.       Agriwise Finserv Limited, Through Its Managing Director,
         Sahar    Palaza        Complex,      A     Wing          601-604      Bonanza
         Building, Near Chakala Metro Station A K Road, Andheri
         (East) Mumbai 400059. Regional Office At 501-502, 5Th
         Floor, Corporate Park Near Ajmer Pulia, Jaipur (Rajasthan)
                                                                      ----Respondents
For Appellant(s)            :     Mr. Hans Kumar Sharma
For Respondent(s)           :



     HON'BLE THE CHIEF JUSTICE MR. AKIL KURESHI
              HON'BLE MS. JUSTICE REKHA BORANA

                                      Order

17/11/2021

This appeal is directed against the judgment of the learned

Single Judge dated 27.10.2021 in Civil Writ Petition

No.8459/2021. The appellant-original petitioner is a borrower.

Respondent No.3 is a secured creditor. The creditor had initiated

proceedings under Section 13(2) of the Securitization and

Reconstruction of Financial Assets and Enforcement of Security

(2 of 3) [SAW-960/2021]

Interest Act, 2002 (hereinafter to be referred as 'the SARFAESI

Act') upon which the petitioner had approached the DRT.

According to the respondents DRT had refused to stay the

demands. Thereupon the petitioner filed the present writ petition

in which initially the learned Single Judge on 25.08.2021 granted

stay of the operation of the impugned demand notice dated

20.07.2020 issued under Section 13(2) of the SARFAESI Act.

Eventually by the impugned order dated 27.10.2021 this interim

relief was vacated. It was observed that with respect to the same

subject matter property the proceedings are pending before DRT.

However since the petitioner wanted to argue the matter on

merits to settle the law for future, the writ petition was ordered to

be listed for final disposal and in the meantime interim relief was

vacated.

This action of learned Single Judge to vacate the interim

relief has been challenged in this appeal. Perusal of the petition

would show that the petitioner had made prayers for considering

his representation made to the authorities demanding justice and

to initiate investigation into the affairs of the NBFC concerned. He

had also prayed for a declaration that advancing of agricultural

term loan for business purposes was illegal. His final relief was to

declare the demand notice dated 20.07.2020 as contrary to law.

To begin with the prayers made by the petitioner are

disjoined and could not have been contained in a single petition.

His dispute with regard to illegality of the NBFC concerned

disbursing the agricultural term loan had no relation with the

recovery notice dated 20.07.2020 issued by the secured creditor

under Section 13(2) of the SARFAESI Act. Be that as it may, since

the petitioner's challenge to the said notice is raised before the

(3 of 3) [SAW-960/2021]

DRT, the petitioner could not have approached the High Court in

relation to this prayer. Learned counsel for the petitioner may be

correct in contending that availability of alternative remedy is not

an absolute bar on exercise of writ jurisdiction if otherwise

available in a given case. However in the present case we are not

concerned with the correctness or propriety of exercising writ

jurisdiction on the face of availability of alternative remedy. We

are concerned with the situation where a litigant wishes to pursue,

two remedies parallelly which is not permissible in law.

If this much is clear, the petitioner's relief for interim

protection which was in connection with the implementation of the

demand notice dated 20.07.2020 cannot be granted. Once we

hold that the primary challenge to this demand notice was not

maintainable before the High Court the question of granting

interim relief does not arise. The order vacating the interim relief

was thus unexceptionable.

The appeal is dismissed.

                                   (REKHA BORANA),J                                                 (AKIL KURESHI),CJ

                                   KAMLESH KUMAR/N.GANDHI/18









Powered by TCPDF (www.tcpdf.org)
 

 
Download the LatestLaws.com Mobile App
 
 
Latestlaws Newsletter
 

Publish Your Article

 

Campus Ambassador

 

Media Partner

 

Campus Buzz

 

LatestLaws Guest Court Correspondent

LatestLaws Guest Court Correspondent Apply Now!
 

LatestLaws.com presents: Lexidem Offline Internship Program, 2026

 

LatestLaws.com presents 'Lexidem Online Internship, 2026', Apply Now!

 
 

LatestLaws Partner Event : IJJ

 

LatestLaws Partner Event : Smt. Nirmala Devi Bam Memorial International Moot Court Competition

 
 
Latestlaws Newsletter