TEHRI HYDRO DEVT.CORPORATION LTD. vs STATE OF UTTARKHAND .

The Supreme Court held that the demand raised under the Uttar Pradesh Zamindari Abolition and Land Reforms Act does not fall within the purview of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). The Court found that the High Court had erred in directing the appellant to file an appeal under the SARFAESI Act, as no steps were taken under that Act. The appeal was allowed, the impugned order was set aside, and the matter was remanded to the High Court for a merits hearing.