Banking, SARFAESI & Debt Recovery judgments · Batch 27

3 court rulings, each linked to its complete public judgment copy. All topics · Search judgments

1. Indian Overseas Bank v. The Assistant Commissioner of Central Excise and Service Tax and Ors
   Madras High Court · 2026-09-30 · WA No. 3585 of 2023 · the auction purchaser, not the bank, had to pay the known Central Excise encumbrance under Rule 9(7); the attachment was not removed.
2. State Bank of India v. Raju George and Ors
   Kerala High Court · 2026-09-10 · OP(C) No. 2519 of 2026 · a civil court must lift an attachment made after a bank's mortgage; it is not effaced automatically by the SARFAESI sale notice.
3. Indian Bank v. Bank of Baroda & Ors.
   Delhi High Court · 2026-09-25 · ARB.P. 1191/2026; CNR No. DLHC010318142026 · SARFAESI section 11 gives statutory arbitration for inter-bank disputes; a sole arbitrator was appointed without the other bank's consent.