Banking, SARFAESI & Debt Recovery judgments · Batch 32

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

1. The Branch Manager v. State of Kerala
   Kerala High Court · 2026-07-22 · WP(C) NO. 36302 OF 2016 · a stamp duty demand on a bank for ATM space in a 2014 lease was quashed as the Sub Registrar had no power to issue it.
2. Managing Director of Bajaj Finserv & Anr. v. The State of West Bengal & Anr.
   Calcutta High Court · 2026-07-21 · CRR 2494 of 2025 · a dispute over what a customer owed on a Bajaj Finance personal loan was civil, and the cheating case against the Bajaj Finserv MD was quashed.
3. Seema Sharma v. State of Maharashtra through EOW, Unit-V & Ors
   Bombay High Court · 2026-07-21 · CRIMINAL APPEAL NO. 86 OF 2022 · a Chandigarh house bought mostly with a Punjab National Bank loan was released from MPID attachment in the NSEL case; no link to investor funds.
4. Manipal Technologies Limited and Anr v. Bank of Baroda and Ors
   Karnataka High Court · 2026-07-16 · Writ Appeal No. 1602 of 2026 · Manipal Technologies' disqualification from Bank of Baroda's passbook-printing tender over a promoter-director's NPA link was upheld.
5. Narayan Bharathan v. State Bank of India and Anr
   Kerala High Court · 2026-07-03 · WP(C) No. 23659 of 2018 · SBI must pay 8.5% interest on a lapsed Rs.8 crore fixed deposit under its own auto-renewal circular for the period it sat in the current account.
6. Jharkhand Gramin Bank v. State of Jharkhand and Ors.
   Jharkhand High Court · 2026-07-15 · W.P.(C) No. 4270 of 2026 (with connected matters) · banks seeking possession under SARFAESI section 14 got relief from magistrates' delays; their role is ministerial and time limits directory.
7. Dhruv Hitesh Dattani v. Reserve Bank of India and Ors
   Kerala High Court · 2026-07-07 · WP(C) No. 35894 of 2025 · a person admitted as a minor to a partnership's benefits is not a defaulter on the firm's loan, so the bank must correct the credit record.
8. Sinana Farvin v. Kerala Gramin Bank and Ors
   Kerala High Court · 2026-07-10 · WP(C) No. 43188 of 2025 · on a young account-holder's plea to unfreeze her account, the writ was dismissed on facts suggesting a money-mule account and an FIR directed.
9. SREI Equipment finance Limited v. BSCPL Infrastructure Limited & Ors.
   Calcutta High Court · 2026-07-14 · M.A.T. No. 820 of 2026 · Srei's vague wilful-defaulter notice to a guarantor was quashed, but pending arbitration does not bar such proceedings.
10. Dilha Jan Govindan v. State Bank of India and Ors
    Kerala High Court · 2026-07-13 · WP(C) No. 40358 of 2025 · six writ petitions by students seeking education loans despite their parents' low credit scores were dismissed, with liberty to apply.
11. BHALCHANDRA DINKAR GONDEKAR AND ORS. v. RESERVE BANK OF INDIA AND ORS.
    Supreme Court of India · 2026-07-13 · DIARY NO. 32091/2026 · special leave petitions against the impugned orders dismissed under Article 136, with the question of law kept open.
12. Kishore Biyani, Rakesh G. Biyani v. Bank of India Specialised Asset Recovery Management Branch, Mumbai & Anr
    Bombay High Court · 2026-07-03 · WRIT PETITION NO. 2969 OF 2025 · Bank of India's order classifying Future Lifestyle Fashions and its promoters as fraud was quashed for giving no reasons.
13. BRITISH MOTOR CAR COMPANY (1939) LTD v. M/S HINDUSTAN COMMERCIAL BANK LTD. SINCE HAS BEEN MERGED INTO PUNJAB NATIONAL BANK & ANR.
    Supreme Court of India · 2026-07-09 · CIVIL APPEAL NO. 5714 OF 2012 · Punjab National Bank, successor to Hindustan Commercial Bank's Connaught Circus tenancy, faced eviction as the landlord had not consented.