Supreme Court of India

M/s South Indian Bank Ltd. & Ors. v. Naveen Mathew Philip & Anr. Etc. Etc.

Neutral citation
Reported as [2023] 4 S.C.R. 18
Bench Sanjiv Khanna and M. M. Sundresh JJ.
Decided 17 April 2023

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

4 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the opinion that filing of the writ petitions by the borrowers before the High Court under Article 226 of the Constitution 39 of India is an abuse of process of the court.

Judgment, page 21

From the headnote

Securitization and Reconstruction of Financial Asse ts and Enforcement of Security Interest Act, 2002: Writ Jurisdiction of High Court under – Matter pertaining to default in payment of outstanding dues by the borrowers – I ssuance of notices u/s. 13(4) – Writ petitions by the borrowe rs challenging the notices before the High Court – Debt Recovery tribunal w as not functional at the time when said writ petitions were filed– However, became so from the month of March 2022 – Meanwhile, in an SLP , order passed by this Court to transfer the pending m atters to the concerned tribunals when they

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