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Gujarat High Court

Accurate Polymers, Partnership Firm vs Bank Of Baroda on 15 March, 2018

Author: R.M.Chhaya

Bench: R.M.Chhaya

        C/SCA/2094/2018                                   ORDER




         IN THE HIGH COURT OF GUJARAT AT AHMEDABAD

            SPECIAL CIVIL APPLICATION NO. 2094 of 2018

==========================================================
             ACCURATE POLYMERS, PARTNERSHIP FIRM
                            Versus
                       BANK OF BARODA
==========================================================
Appearance:
MR MD RANA(694) for the PETITIONER(s) No. 1,2,3,4,5,6,7
MR MIHIR PATHAK for the Respondent(s) No. 1
BHASKAR SHARMA(9209) for the RESPONDENT(s) No. 1
PRABHAKAR GAUTAM(9283) for the RESPONDENT(s) No. 1
DR VENUGOPAL PATEL, AGP for the Respondent(s) No. 2
==========================================================

 CORAM: HONOURABLE MR.JUSTICE R.M.CHHAYA

                          Date : 15/03/2018

                           ORAL ORDER

1. Heard Mr. M.D. Rana, learned advocate for the  petitioners   and   Mr.   Mihir   Pathak,   learned  advocate   for   respondent   no.1   -   Bank   and   Dr.  Venugopal   Patel,   learned   AGP   for   respondent  no.2   on   advance   copy.   Mr.   Pathak   shall   file  Vakalatnama   today   and   the   Registry   shall  accept the same. 

2. By   way  of  this   petition   under   Article  226   of  the   Constitution   of   India,   the   petitioners  have prayed for the following reliefs:­  "A) That   the   Hon'ble   Court   may   be  pleased   to   set   aside   the   action   of  the bank in initiating proceedings by  Page 1 of 4 C/SCA/2094/2018 ORDER issuing   notice   under   Section   13(1)  showing  it as plot no.22  and auction  notice based on it is illegal and is  not  binding  and  further  to quash  the  notices   dated   9/5/17   and   auction  notice on 4/5/17. 

B) That   this   Hon'ble   Court   may   be  pleased   to   quash   the   proceedings  before  the collector  as it sought  to  rectify the proceedings before it. 

C) Pending   admission   hearing   and  final disposal of the proceedings the  Hon'ble  Court  may be pleased  to stay  such   proceedings   initiated   on   the  basis   of   the   notices   issued   under  Section  13(1)  and rule 6 of SARFAESI  ACT." 

3. Short  facts  which  require   to  be  noted  are   as  under:­ That,   the   respondent   no.1   -   Bank   initiated  proceedings   under   the   Securitisation   and  Reconstruction   of   Financial   Assets   and  Enforcement   of   Security   Interest   Act,   2002  (hereinafter referred to as "the Act" for the  sake   of   brevity)   against   the   principal  borrower as well as the guarantor with regard  to   non­agricultural   plot   no.23,   situated   at  Takudipara, Street no.5, being part of revenue  survey   No.55,   situated   at   Jetpur,   Taluka  Jetpur, District Rajkot. However, in the order  passed under Section 14 of the Act as well as  in   the   notice   under   Section   13   of   the   Act  Page 2 of 4 C/SCA/2094/2018 ORDER issued   by   the   respondent   -   Bank,   there   is  mention of plot no.22. It is, however, pointed  out   by   the   learned   advocate   for   the  respondent-Bank that there was a typographical  error   and   plot   no.23,   situated   on   the   very  survey number being part of survey no.55, plot  no.22 is wrongly mentioned. Mr. Mihir Pathak,  learned   advocate   for   respondent   no.1   -   Bank  has   also   invited   attention   of   this   Court   to  the   application   filed   before   the   learned  District   Magistrate,   which   shows   plot   no.23  and   not   plot   no.22.   It   appears   from   the  description of the mortgaged secured asset as  stated in the said application that plot no.22  is   the   adjoining   plot,   situated   towards   east  of plot no.23 which is real subject matter of  the   proceedings   under   the   Act.   Mr.   Mihir  Pathak,   learned   advocate   for   the   respondent  no.1   -   Bank,   on   instructions   from   Mr.   Arvind  Kumar,   Chief   Manager/Authorised   Officer,   Bank  of   Baroda,   Jetpur,   who   is   present   in   the  Court,   states   that   the   proceedings   are  initiated   by   respondent   no.1   -   Bank   in  relation to plot no.23 only and plot no.22 is  not to be affected. 

4. In   light   of   the   aforesaid,   the   learned  District Magistrate, Rajkot is hereby directed  to   not   to   consider   the   application   filed   by  the respondent no.1 - Bank in relation to plot  Page 3 of 4 C/SCA/2094/2018 ORDER no.22 and no action be taken under the Act qua  the   application   in   question   against   the  petitioner qua plot no.22. 

5. Accordingly,   the   petition   is   disposed   of. 

Direct service is permitted. 

(R.M.CHHAYA, J) mrp Page 4 of 4