Supreme Court of India · 2019-09-11
BAJARANG SHYAMSUNDER AGARWAL vs CENTRAL BANK OF INDIA
- Citation / case number
- SC 2015/35218
- Court
- Supreme Court of India
- Petitioner
- BAJARANG SHYAMSUNDER AGARWAL
- Respondent
- CENTRAL BANK OF INDIA
- Author
- HON'BLE THE CHIEF JUSTICE
- Bench
- HON'BLE MR. JUSTICE AJAY RASTOGI HON'BLE THE CHIEF JUSTICE
Judgment text excerpt
The Supreme Court addressed the appeal regarding the rejection of a stay application under the SARFAESI Act concerning the possession of a mortgaged residential property. The court examined the validity of the Chief Metropolitan Magistrate's order and the rights of the tenant in relation to the secured asset. Ultimately, the court upheld the lower court's decision, emphasizing the enforceability of the bank's rights under the SARFAESI Act.