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Supreme Court judgments on Security Interest (Enforcement) Rules, 2002

6 judgments, latest first, from 2022 to 2025. Listed when the Supreme Court Reports file the judgment's headnote under this Act, as printed at the start of the headnote. Judgments that only mention it in passing are not listed.

Anil Khandelwal Etc. vs Phoenix India and Anr.
SC · 28 August 2025
[2025] 8 S.C.R. 2416 : 2025 INSC 1069
Whether the High Court erred in rejecting the quashing petition filed by the appellants-Officers of the Bank challenging the order passed by the Magistrate issuing process against them for the offences punishable u/ss.50…
IDBI Bank Ltd. vs Ramswaroop Daliya and Ors.
SC · 16 October 2024
[2024] 10 S.C.R. 1371 : 2024 INSC 780
Whether there was any default on part of the respondents-auction purchasers in depositing the balance auction amount within the time prescribed pursuant to the auction sale so as to attract Rule 9(4) of the Security Inte…
Govind Kumar Sharma & Anr. vs Bank of Baroda & Ors.
SC · 18 April 2024
[2024] 4 S.C.R. 633 : 2024 INSC 326
Whether an auction/ sale under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFESI Act) carried out without issuing the mandatory 30-day notice to the borrowe…
The Authorised Officer, Central Bank of India vs Shanmugavelu
SC · 2 February 2024
[2024] 2 S.C.R. 12 : 2024 INSC 80
(i)Whether, the underlying principle of Section(s) 73 & 74 respectively of the Contract Act, 1872 Act is applicable to forfeiture of earnestmoney deposit under Rule 9(5) of the SARFAESI Rules. In other words, whether the…
Authorised Officer State Bank of India vs C. Natarajan & Anr.
SC · 10 April 2023
[2023] 5 S.C.R. 1067 : 2023 INSC 341
Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 : ss. 13(4), 17 – Security Interest (Enforcement) Rules, 2002 – r. 9 – Contract Act – ss. 73, 74 – Power of forfeiture…
Bank of Baroda vs M/s Karwa Trading Company & Anr.
SC · 10 February 2022
[2022] 1 S.C.R. 1100 : 2022 INSC 169
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 – ss.13(2), 13(4), 14 and 17 – Security Interest (Enforcement) Rules, 2002 – r.8 r/w r.9 – Appellant (bank) granted ter…

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