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[Cites 1, Cited by 660]

Supreme Court - Daily Orders

Icici Bank Ltd. vs Umakanta Mohapatra on 5 October, 2018

Bench: Rohinton Fali Nariman, Navin Sinha

                                                          1

                                          IN THE SUPREME COURT OF INDIA
                                           CIVIL APPELLATE JURISDICTION

                     CIVIL APPEAL Nos. 10243­10250 OF 2018
     (ARISING OUT OF SPECIAL LEAVE TO APPEAL (C) NOs. 9145­9152 OF 2014)
                                   
            
                  
     ICICI BANK LTD. ETC.ETC.                           ...  Appellant(s)
      
                           Versus

       UMAKANTA MOHAPATRA ETC.ETC.                                                 
                                                                              ... Respondent(s)

                                                      WITH 

     CIVIL APPEAL Nos. 10251­10265 OF 2018 @ SLP (C) NOs. 16758­16772 OF
     2015

                                                  O R D E R


                         Delay condoned.

                         Leave granted.

                         Despite several judgments of this Court, including a judgment

     by Hon’ble Mr. Justice Navin Sinha, as recently as on 30.01.2018,

     in Authorized Officer, State Bank of Travancore and Anr. vs. Mathew

     K.C.,                (2018)   3   SCC   85,   the   High   Courts   continue   to   entertain

     matters which arise under the Securitisation and Reconstruction of

     Financial Assets and Enforcement of Security Interest Act, 2002

     (SARFAESI), and keep granting interim orders in favour of persons

     who are Non-Performing Assets (NPAs).

Signature Not Verified

Digitally signed by R
                         The writ petition itself was not maintainable, as a result of
NATARAJAN
Date: 2018.10.10
13:37:45 IST

     which, in view of our recent judgment, which has followed earlier
Reason:




     judgments of this Court, held as follows:-
                                     2


   “18. We cannot help but disapprove the approach of the High
   Court for reasons already noticed in Dwarikesh Sugar
   Industries Ltd. vs. Prem Heavy Engineering Works (P) Ltd.
   and Another, (1997) 6 SCC 450, observing:-

              “32. When a position, in law, is well
          settled as a result of judicial pronouncement
          of this Court, it would amount to judicial
          impropriety   to    say   the   least,   for    the
          subordinate courts including the High Courts to
          ignore the settled decisions and then to pass a
          judicial order which is clearly contrary to the
          settled   legal    position.       Such    judicial
          adventurism cannot be permitted and we strongly
          deprecate the tendency of the subordinate
          courts in not applying the settled principles
          and   in    passing    whimsical    orders    which
          necessarily has the effect of granting wrongful
          and unwarranted relief to one of the parties.
          It is time that this tendency stops.””


    The   writ   petition,   in   this   case,   being   not   maintainable,

obviously, all orders passed must perish, including the impugned

order, which is set aside.


    The appeals are allowed in the aforesaid terms.

    Pending applications, if any, shall stand disposed of.




                                     ......................J.
                                     (ROHINTON FALI NARIMAN) 
                                     

      
                                     ......................J.
                                      (NAVIN SINHA)
 
         
New Delhi,
Dated: October 5, 2018.            
                                   3

ITEM NO.49                 COURT NO.8                 SECTION XI-A

               S U P R E M E C O U R T O F      I N D I A
                       RECORD OF PROCEEDINGS

Petition(s) for Special Leave to Appeal (C)    No(s).    9145-9152/2014

(Arising out of impugned final judgment and order dated 03-02-2014
in WP No. 5890/2012 03-02-2014 in WP No. 24567/2012 03-02-2014 in
WP No. 16145/2012 03-02-2014 in WP No. 18460/2013 03-02-2014 in WP
No. 21549/2013 10-02-2014 in WP No. 15177/2011 10-02-2014 in WP No.
1060/2013 10-02-2014 in WP No. 2828/2013 passed by the High Court
Of Orissa At Cuttack)

ICICI BANK LTD. Etc. Etc.                              Petitioner(s)

                                  VERSUS

UMAKANTA MOHAPATRA Etc. Etc.                           Respondent(s)

WITH
SLP(C) No. 16758-16772/2015 (XI-A)

Date : 05-10-2018 These petitions were called on for hearing today.

CORAM :
          HON'BLE MR. JUSTICE ROHINTON FALI NARIMAN
          HON'BLE MR. JUSTICE NAVIN SINHA


For Petitioner(s)   Mr. E.R. Kumar, Adv.
                    Ms. Tanya Chaudhry, Adv.
                    M/s. Parekh & Co., AOR

For Respondent(s)   Mr. Kedar Nath Tripathy, Adv.
                    Mr. Ramendra Mohan Patnaik, AOR

                    Mr. Ashok Panigrahi, AOR
                    Mr. Vinay Ratnakar, Adv.

                    Mr.   S.K. Patri, Adv.
                    Mr.   T. Samantray, Adv.
                    Ms.   Baby Devi Bonia, Adv.
                    Mr.   S.K. Rajora, Adv.
                    Dr.   V. P. Appan, AOR
                    Mr.   Narender S. Sangwan, Adv.

                    Mr.   D. Bharat Kumar, Adv.
                    Mr.   Tadimalla Bhaskar Gowtham, Adv.
                    Mr.   Aman Shukla, Adv.
                    Mr.   Vishal Arun, AOR

                    Mr. T. Mahipal, AOR
                                   4


                      Mr. Prakash Ranjan Nayak, AOR


          UPON hearing the counsel the Court made the following
                             O R D E R

Delay condoned.

Leave granted.

The appeals are allowed in terms of the signed order. Pending applications, if any, shall stand disposed of. (MANAV SHARMA) (TAPAN KUMAR CHAKRABORTY) COURT MASTER (SH) BRANCH OFFICER (Signed order is placed on the file.)