Authority: High Court of Judicature at Bombay, Circuit Bench at Kolhapur
Order Date: September 24, 2026
Case Overview
- Petitioner: Uday Madhukar Shinde filed Writ Petition No. 6482 of 2023 seeking a writ of mandamus to quash an order dated 3 January 2023 passed by Janata Sahakari Bank Ltd, Pune under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act).
- Respondents: Janata Sahakari Bank Ltd, Pune and others.
- The petition challenged the bank’s action under the SARFAESI Act, alleging that the order should be set aside.
- The Court observed that against actions under Section 14 of the SARFAESI Act, the appropriate remedy is before the Debt Recovery Tribunal, and therefore the writ jurisdiction of this Court is not appropriate for such relief.
Final Outcome
- The High Court dismissed the writ petition, stating that it will not entertain the matter under its writ jurisdiction.
Topics: SARFAESI Act, Banking Regulation