Banking, SARFAESI & Debt Recovery judgments · Batch 31

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

1. Amit Kumar Saha & Anr. v. Canara Bank & Ors.
   Calcutta High Court · 2026-10-08 · WPA 22668 of 2026 · flat-buyers disputing a bank's title claim must sue in the civil court; the SARFAESI possession notice was set aside and possession restored.
2. Axis Bank Limited v. Tarun Kanti Ghosh
   Calcutta High Court · 2026-08-07 · FMAT No. 145 of 2026 · a civil court cannot injunct SARFAESI measures, including action yet to be taken, once the bank has begun action under section 13.
3. REFULGENT BUILDCON LLP -Versus- K.N. Wire Private Limited and Others
   Calcutta High Court · 2026-07-28 · F.M.A.T. No.488 of 2025 + CAN 1 of 2025 · an auction purchaser with a sale certificate and possession was entitled to an injunction against the borrower and lessee, not just status quo.
4. Anil Khemani and Another v. Axis Bank Ltd. and Another
   Bombay High Court · 2026-08-06 · WRIT PETITION NO. 886 OF 2026 · Axis Bank's reasoned order classifying a former distributor company as fraud over an undisclosed account was upheld.
5. ICICI Bank Ltd v. District Police Chief and Ors
   Kerala High Court · 2026-07-27 · WP(C) No. 23371 of 2026 · a secured creditor who is dispossessed after taking possession under SARFAESI can again seek the Magistrate's help under section 14.
6. The Karur Vysya Bank Limited v. State Industries Promotion Corporation of Tamil Nadu Limited and Ors
   Madras High Court · 2026-07-29 · WP No. 28170 of 2024 · SARFAESI powers over a mortgaged leasehold do not override the lessor's right of re-entry for breach; the bank's writ failed.
7. Chandan Bhowal v. Authorized Officer, TATA Capital Housing Finance Limited & Ors
   Calcutta High Court · 2026-07-30 · CO/100/2026 · SARFAESI action by Tata Capital Housing Finance on a loan below Rs.20 lakh was without jurisdiction; the DRT's dismissal was set aside.
8. THE COMPETENT AUTHORITY-CUM-EXECUTIVE DIRECTOR M.P. INDUSTRIAL DEVELOPMENT CORPORATION LTD v. SHRI RAMRAJA INDUSTRIES PLTO THR. AND OTHERS
   Madhya Pradesh High Court · 2026-07-28 · WRIT PETITION No. 1771 of 2021 · the buyer of a defaulting lessee's assets at a SARFAESI auction is not an 'unauthorised occupant' liable to summary eviction by the MPIDC.
9. Jasraj Restaurants Pvt. Ltd. and others v. State of Maharashtra and others
   Bombay High Court · 2026-07-28 · WRIT PETITION NO. 8601 OF 2026 · an auction purchaser under SARFAESI can seek a writ to compel the Tahsildar and police to deliver possession under a Magistrate's order.
10. Mary Peter v. Senior Manager and Ors
    Kerala High Court · 2026-07-22 · WP(C) No. 40822 of 2025 · the Banking Ombudsman cannot review or recall a disposed complaint, and a rejection letter without reasons fails; fresh order in two months.
11. Reserve Bank of India v. Paytm Payments Bank Ltd.
    Delhi High Court · 2026-07-08 · CO.PET. 3/2026 · on the RBI's petition the court ordered the winding up of a payments bank under the Banking Regulation Act and appointed an Official Liquidator.