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M/S Chetak Plus Industries vs State Bank Of India (2025:Rj-Jd:48165)
2025 Latest Caselaw 15140 Raj

Citation : 2025 Latest Caselaw 15140 Raj
Judgement Date : 10 November, 2025

Rajasthan High Court - Jodhpur

M/S Chetak Plus Industries vs State Bank Of India (2025:Rj-Jd:48165) on 10 November, 2025

Author: Nupur Bhati
Bench: Nupur Bhati
[2025:RJ-JD:48165]

      HIGH COURT OF JUDICATURE FOR RAJASTHAN AT
                       JODHPUR
                S.B. Civil Writ Petition No. 21608/2025

1.       M/s Chetak Plus Industries, Proprietor And Guarantor
         Smt. Gayatri Devi W/o Late Sh. Mohan Lal Sharma Age
         65, Araji No. 10/292, Bavdi Khera, Sudri- Rashmi Road,
         Near Model School, Gram Amarpura, Tehsil Gangrar, Distt
         Chittorgarh Raj.
2.       Sh. Subhas Sharma S/o Late Sh. Mohan Lal Sharma
         (Guarantor), Aged About 49 Years, Araji No.10/292, Bavdi
         Khera, Sudri- Rashmi Road, Near, Model School, Gram
         Amarpura, Tehsil Gangrar, Distt, Chittorgarh Raj.
3.       Sh. Rajendra Sharma S/o Late Sh. Mohan Lal Sharma
         (Guarantor), Aged About 40 Years, Araji No.10/292, Bavdi
         Khera, Sudri- Rashmi Road, Near, Model School, Gram
         Amarpura, Tehsil Gangrar, Distt, Chittorgarh Raj.
4.       Sh. Narendra Sharma S/o Late Mohan Lal Sharma
         (Guarantor), Aged About 45 Years, Araji No.10/292, Bavdi
         Khera, Sudri- Rashmi Road, Near, Model School, Gram
         Amarpura, Tehsil Gangrar, Distt, Chittorgarh Raj.
                                                                   ----Petitioners
                                    Versus
1.       State Bank Of India, Stressed Assets Recovery Branch
         3Rd Floor, Matrix Mall, Sector-4 Jawahar Nagar, Jaipur
         Raj.
2.       Branch Manager, State Bank Of India, Branch, Meera
         Market, Chittorgarh Raj.
                                                                 ----Respondents


For Petitioner(s)         :     Mr. Dilip Singh Rathore.



                HON'BLE DR. JUSTICE NUPUR BHATI

Order

10/11/2025

1. Counsel for the petitioners submits that respondent-Bank

had approached the Debt Recovery Tribunal ('DRT'), Jaipur

seeking possession of the secured property and the petitioners

(Uploaded on 10/11/2025 at 05:28:12 PM)

[2025:RJ-JD:48165] (2 of 3) [CW-21608/2025]

have also filed reply to the said application, however, during the

pendency of the application, respondent-Bank had issued notice to

the petitioners on 01.10.2025 (Annex.4) vide which, the secured

property would be e-auctioned on 11.11.2025 and thus, being

aggrieved of the same, the petitioners have preferred the present

writ petition.

2. In this context, reference may be had to judgment of the

Hon'ble Apex Court in M/s South Indian Bank Ltd. & Ors. v.

Naveen Mathew Philip & Anr., reported in (2023) SCC

OnLine SC 435, decided on 17.04.2023, wherein it is observed

that although the powers conferred under Article 226 of the

Constitution of India are wide, they are to be exercised only in

extraordinary circumstances. In paragraph 13 of the said

judgment, it has been categorically held that High Courts should

refrain from exercising jurisdiction under Article 226 in commercial

matters where a statute provides for an effective and efficacious

alternative remedy before a competent forum. The relevant

paragraph is reproduced hereunder:-

"13. In view of the fair stand taken by the learned Senior Counsel appearing for the appellant, we do not wish to interfere with the impugned orders passed. We may, however, reiterate the settled position of law on the interference of the High Court invoking Article 226 of the Constitution of India in commercial matters, where an effective and efficacious alternative forum has been constituted through a statute. We are also constrained to take judicial notice of the fact that certain High Courts continue to interfere in such matters, leading to a regular supply of cases before this Court. One such High Court is that of Punjab and Haryana."

3. In view of the above, this Court is not inclined to interfere in

the instant matter.

(Uploaded on 10/11/2025 at 05:28:12 PM)

[2025:RJ-JD:48165] (3 of 3) [CW-21608/2025]

4. The writ petition is dismissed accordingly. However, the

petitioners are at liberty to avail the statutory remedy available

under the SARFAESI Act by approaching the Debt Recovery

Tribunal (DRT).

5. Pending application(s), if any, also stand disposed of.

(DR. NUPUR BHATI),J

8-/Devesh/-

(Uploaded on 10/11/2025 at 05:28:12 PM)

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