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M/S Kaveri Marketing vs The Saraswat Co Operative Bank Ltd on 23 January, 2013

4. Learned Counsel for the revision Petitioner submits that in view of the order dated 3.5.2011 passed in Crl.RP No.525/2011 by this Court, Office objection is not maintainable. He further submits that since the trial Court has passed an order on a petition filed under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (in short, 'the Securitisation Act') and under sub-Section (3) of Section 14 of the Securitisation Act, no Act of the Chief Metropolitan Magistrate or the District Magistrate can be questioned, Revision Petition filed under Section 397 of Crl.RP No.67/2013 4 Cr.PC before this Court is maintainable. He relies upon the un-reported order dated 3.5.2011 passed in Crl.RP No.525/2011 (M/S. SHANTHI CHARITABLE TRUST Vs. STATE BANK OF INDIA AND OTHERS) of this Court.
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