Supreme Court of India
M/s. Tripower Enterprises (private) Limited v. State Bank of India & Ors.
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From the headnote
Debt – Recovery of – Return of original documents deposited with DRT – Respondent no. 3-borrower had availed of financial credit from the bank, for which the respondent no. 2-guarantor had offered its immovable property by way of mortgage to the Bank – The borrower committed default – The bank filed O . . No. 11/2008 before the DRT – Thereafter, took symbolic possession of the secured assets – The guarantor filed a petition chall enging the possession notice by the bank, which came to be rej ected by the DRT – The secured assets were auctioned and a sale certif icate in respect of the secured
Authorities it was built on
- 2006 M/s Transcore v. Union of India and Anr.
- 2009 Authorized Officer, Indian Overseas Bank and Anr. v. M/s. Ashok Saw Mill
- 2017 M. D. Frozen Foods Exports Pvt. Ltd. & Ors. v. Hero Fincorp Ltd.
- 2013 Standard Chartered Bank v. Dharminder Bhohi and Others
- 2016 Axis Bank v. Sbs Organics Private Limited and Another
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