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Supreme Court and High Courts judgments on SARFAESI Act

66 judgments, latest first, from 2018 to 2026. A judgment is listed here when its headnote names this subject: the Supreme Court Reports' own headnote (filed under the provisions below, or naming the subject), or an AI-written headnote that was reviewed and approved. A mention in the full text alone does not count.

Provisions
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 33
Kotak Mahindra Bank Limited vs Trupti Sanjay Mehta and Others
SC · 2 September 2026
[2026] 9 S.C.R. 369 : 2026 INSC 943
Whether a bank, as defined by s.2(1)(c) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest, Act, 2002 (SARFAESI Act), can take recourse to the provisions thereof for recover…
Ram Singh vs Directorate Of Enforcement
Delhi HC · 18 August 2026
The petitioner filed an application under Section 482 of the Bharatiya Nagarik Suraksha Sanhita, 2023 read with Section 45 of the Prevention of Money Laundering Act, 2002 seeking anticipatory bail in connection with ECIR…
Ram Singh vs State (Govt Of Nct Delhi)
Delhi HC · 24 March 2026
The petitioner Ram Singh sought anticipatory bail under section 482 of the Bharatiya Nagarik Suraksha Sanhita 2023 in connection with FIR No. 322/2025 registered at P.S. Crime Branch, Delhi, for offences of cheating, for…
Satheesh V.K. vs The Federal Bank Ltd.
SC · 23 September 2025
[2025] 9 S.C.R. 1255 : 2025 INSC 1140
Issue arose as regards the maintainability of the second SLP challenging the same order where the first SLP was withdrawn without leave to re-approach.
Assistant General Manager State Bank of India & Anr. vs Tanya Energy Enterprises Through Its Managing Partner Shri Alluri Lakshmi Narasimha Varma
SC · 15 September 2025
[2025] 9 S.C.R. 963 : 2025 INSC 1119
(i) Whether the High Court erred in its interference with the order of rejection of the respondent’s application under the One Time Settlement 2020 Scheme and directing reconsideration thereof; (ii) Whether, a court can…
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…
M/s Edelweiss Asset Reconstruction Limited vs Regional PF Commissioner II and Recovery Officer, RO Bengaluru (Koramangala) & Anr.
SC · 26 August 2025
[2025] 8 S.C.R. 2183 : 2025 INSC 1045
Present appeal assails the correctness of the judgment of the High Court dismissing the writ petition filed by the appellant-EARC and further directing that the amount deposited, vide order dated 02.02.2023, be transmitt…
Shri Shri Swami Samarth Construction & Finance Solution & Anr. vs The Board of Directors of NKGSB CO-OP. Bank Ltd. & Ors.
SC · 28 July 2025
[2025] 7 S.C.R. 1851 : 2025 INSC 908
Lending banks/secured creditors, if under an obligation, in terms of the notification dated 29.05.2015 containing the “Framework For Revival And Rehabilitation Of Micro, Small And Medium Enterprises” (Framework), to iden…
PNB Housing Finance Limited vs Sh. Manoj Saha & Anr.
SC · 15 July 2025
[2025] 7 S.C.R. 1041 : 2025 INSC 847
Whether the High Court erred in directing the appellant to hand back the possession of the secured asset to the 1st respondent; whether the 1st Respondent failed to establish pre-existing tenancy in his favour.
National Spot Exchange Limited vs Union of India & Ors.
SC · 15 May 2025
[2025] 7 S.C.R. 252 : 2025 INSC 694
Whether the Secured creditors would have priority of interest over the assets attached under the Provisions of Prevention of Money Laundering Act, 2002, (PMLA) and Maharashtra Protection of Investors and Depositors Act,…
GBJ Hotels Private Limited vs Sriharan Sripathmanathan & Ors.
SC · 28 April 2025
[2025] 4 S.C.R. 2444 : 2025 INSC 585
During the proceedings before the High Court, the Court accepted a better price for the creditor. The offer of the GRT Hotels was accepted by Edelweiss ARCL and it was agreed that the amount deposited of GBJ Hotels would…
M.S. Sanjay vs Indian Bank & Ors.
SC · 29 January 2025
[2025] 1 S.C.R. 1588 : 2025 INSC 177
An auction was conducted on 31.07.2007 and sale certificate was issued on 30.11.2007. The respondent no.4-guarantor questioned the validity of auction proceedings. In 2019, the High Court declared the auction to be illeg…
Central Bank of India & Anr. vs Smt. Prabha Jain & Ors.
SC · 9 January 2025
[2025] 2 S.C.R. 263 : 2025 INSC 95
Whether the jurisdiction of civil court to try a suit is completely barred by s.34 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
Celir LLP vs Mr. Sumati Prasad Bafna & Ors.
SC · 13 December 2024
[2024] 12 S.C.R. 1618 : 2024 INSC 978
The present petitions sought to initiate contempt proceedings against the respondents/alleged contemnors for wilful disobedience of the final judgment and order dated 21.09.2023 passed by this Court in Civil Appeal Nos.…
Jyoti Limited vs BSE Limited & Anr
SC · 10 December 2024
[2024] 12 S.C.R. 1117 : 2024 INSC 992
Bombay Stock Exchange (BSE) rejected the application of the appellant for the listing of certain equity shares to the BSE holding that the appellant had not taken in principle approval from the Stock Exchange and it also…
M/s Pro Knits vs The Board of Directors of Canara Bank & Ors.
SC · 1 August 2024
[2024] 8 S.C.R. 140 : 2024 INSC 565
Whether the Notification dated 29.05.2015 issued by the Central Government in exercise of the powers conferred under Section 9 of the Micro, Small and Medium Enterprises Development Act, 2006, containing Instructions for…
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…
PHR Invent Educational Society vs UCO Bank and Others
SC · 10 April 2024
[2024] 4 S.C.R. 541 : 2024 INSC 297
Matter pertains to the High Courts entertaining petitions arising out of the DRT Act and the SARFAESI Act in spite of availability of an effective alternative remedy.
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…
Case Details Punjab & Sind Bank vs The State of Punjab & Anr.
SC · 7 December 2023
[2023] 15 S.C.R. 903 : 2023 INSC 1079
High Court whether justified in sustaining the State’s claim of priority in respect of dues under the Punjab Value Added Tax Act, 2005 of the Respondent no.2 (defaulting borrower), superseding the bank’s claim based on a…
Celir LLP vs Bafna Motors (Mumbai) Pvt. Ltd. & Ors.
SC · 21 September 2023
[2023] 13 S.C.R. 53 : 2023 INSC 838
Issues for consideration: The present appeals by the appellant-auction purchaser were against the judgment passed by the High Court by which it allowed the writ petition filed by respondent no.1-borrowers and directed th…
Case Details Axis Bank Limited vs Naren Sheth & Anr.
SC · 12 September 2023
[2023] 14 S.C.R. 581 : 2023 INSC 820
NCLAT dismissed the appeal filed by the appellant upholding the order passed by the Adjudicating Authority whereby it admitted the application u/s.7, Insolvency and Bankruptcy Code, 2016 filed by Respondent No.2-Secured…
M. Suresh Kumar Reddy vs Canara Bank & Ors.
SC · 11 May 2023
[2023] 5 S.C.R. 387 : 2023 INSC 521
Insolvency and Bankruptcy Code, 2016 – ss.3(12), 7, 14 – Scope of s.7 – ‘Default’ u/s.3(12) – Application filed by the respondent-Bank u/s.7 against corporate debtor, admitted by NCLT – Moratorium was declared for the pu…
G. Vikram Kumar vs State Bank of Hyderabad & Ors.
SC · 2 May 2023
[2023] 5 S.C.R. 624 : 2023 INSC 475
G. VIKRAM KUMAR v. STATE BANK OF HYDERABAD & ORS. (Civil Appeal Nos.3152–3153 of 2023) MAY 02, 2023 [M. R. SHAH AND C. T. RAVIKUMAR, JJ. ] Securitization and Reconstruction of Financial Assets and Enforcement of Security…
State of Himachal Pradesh and Others vs M/s A.J. Infrastructures Pvt. Ltd and Anr.
SC · 28 April 2023
[2023] 4 S.C.R. 773 : 2023 INSC 446
Himachal Pradesh General Sales Tax Act, 1968– s.16-B– Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 – s.35–Held: s.16-B of the HPGST Act is not ultra vires any provi…
Punjab and Sind Bank vs Frontline Corporation Ltd.
SC · 18 April 2023
[2023] 4 S.C.R. 858 : 2023 INSC 386
PUNJAB AND SIND BANK v. FRONTLINE CORPORATION LTD. (Civil Appeal No.2924 of 2023) APRIL 18, 2023 [B. R. GAVAI AND ARAVIND KUMAR, JJ.] Securitisation and Reconstruction of Financial Assets and Enforcement of Security Inte…
M/s South Indian Bank Ltd. & Ors. vs Naveen Mathew Philip & Anr. etc. etc.
SC · 17 April 2023
[2023] 4 S.C.R. 18 : 2023 INSC 379
M/S SOUTH INDIAN BANK LTD. & ORS. v. NAVEEN MATHEW PHILIP & ANR. ETC. ETC. (Civil Appeal Nos. 2861-62 of 2023) APRIL 17, 2023 [SANJIV KHANNA AND M. M. SUNDRESH, JJ.] Securitization and Reconstruction of Financial Assets…
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…
Sidha Neelkanth Paper Industries Pvt. Ltd. & Anr. vs Prudent Arc Ltd. & Others
SC · 5 January 2023
[2023] 1 S.C.R. 553 : 2023 INSC 14
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002: s.18 – Appeal to appellate tribunal – Pre-deposit of 50% of the amount due from the borrower as claimed by the secured…
K. Sreedhar vs M/s Raus Constructions Pvt. Ltd & Ors.
SC · 5 January 2023
[2023] 1 S.C.R. 579 : 2023 INSC 17
Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 : s. 31(i) – Provisions of the Act not to apply to security interest created in agricultural land – Respondent No. 1-de…

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