{"id":207857,"date":"2019-01-09T16:30:28","date_gmt":"2019-01-09T11:00:28","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=207857"},"modified":"2019-01-09T15:39:27","modified_gmt":"2019-01-09T10:09:27","slug":"mp-hc-no-interference-of-court-required-in-auction-process-if-account-has-been-rightly-declared-npa","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/01\/09\/mp-hc-no-interference-of-court-required-in-auction-process-if-account-has-been-rightly-declared-npa\/","title":{"rendered":"MP HC | No interference of Court required in auction process if account has been rightly declared NPA"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Madhya Pradesh High Court:<\/strong> This petition was filed before a 2-Judge Bench comprising of S.C. Sharma and Virender Singh, JJ., against a judgment passed in appeal by the Debts Recovery Appellate Tribunal, Allahabad.<\/p>\n<p style=\"text-align: justify;\">Facts of the case were that petitioner took a loan and after non-payment of interest, the account was declared to be a non-performing asset. The details referred established that there was an outstanding balance continuously in excess of the sanctioned limit or drawing limit from the month of December, 2008 to February, 2009. Thus, petitioner\u2019s property was kept in possession of Bank symbolically under Section 13(4) of the SARFAESI Act, 2002. Court was of the opinion that the account of the petitioner was rightly declared as NPA. While going through the process of auction, Court found no illegality on part of the Bank while recovering the dues from the mortgaged property.<\/p>\n<p style=\"text-align: justify;\">High Court referred the case of <em>Central Bank of India v. C.L. Vimla<\/em>, 2016(1) MPLJ 101 and in light of the same, found no reason to interfere with the auction process conducted by the Bank, therefore, this writ petition was dismissed. [Mayunk Industries v. Union Bank of India, <a href=\"http:\/\/scconline.com\/DocumentLink\/B9gYa4dB\"><b>2019 SCC OnLine MP 9<\/b><\/a>, dated 03-01-2019]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Madhya Pradesh High Court: This petition was filed before a 2-Judge Bench comprising of S.C. Sharma and Virender Singh, JJ., against a <\/p>\n","protected":false},"author":8808,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,10],"tags":[33147,33148,9331,33149],"class_list":["post-207857","post","type-post","status-publish","format-standard","hentry","category-casebriefs","category-highcourts","tag-auction-process","tag-debts-recovery-appellate-tribunal","tag-interference","tag-non-performing-asset"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MP HC | No interference of Court required in auction process if account has been rightly declared NPA | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2019\/01\/09\/mp-hc-no-interference-of-court-required-in-auction-process-if-account-has-been-rightly-declared-npa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MP HC | No interference of Court required in auction process if account has been rightly declared NPA\" \/>\n<meta property=\"og:description\" content=\"Madhya Pradesh High Court: This petition was filed before a 2-Judge Bench comprising of S.C. 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All HC elaborates","author":"Bhumika Indulia","date":"November 30, 2021","format":false,"excerpt":"Allahabad High Court: Siddhartha Varma, J., while deciding a matter with regard to the auction of the property of a dead person held that the proceeding conducted against a dead person is bad in law. Respondent 1 along with his father and mother took a housing loan from the petitioner-bank.\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":378554,"url":"https:\/\/www.scconline.com\/blog\/post\/2026\/03\/17\/sc-judicial-review-of-confirmed-auction-sale-permissible-valuation-doubtful\/","url_meta":{"origin":207857,"position":1},"title":"Supreme Court| Confirmed auction sale open to Judicial Scrutiny; Revaluation permissible to ensure fair price fetched in recovery proceedings","author":"Ritu","date":"March 17, 2026","format":false,"excerpt":"\u201cThe requirement that the recovery process be fair, transparent and based on a proper assessment of value must co-exist with the principle of finality governing confirmed sales.\u201d","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Judicial Review of confirmed auction sale","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/03\/Judicial-Review-of-confirmed-auction-sale.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/03\/Judicial-Review-of-confirmed-auction-sale.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/03\/Judicial-Review-of-confirmed-auction-sale.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/03\/Judicial-Review-of-confirmed-auction-sale.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":106861,"url":"https:\/\/www.scconline.com\/blog\/post\/2017\/02\/15\/inform-debtor-before-commencing-with-auction-sale-of-his-security-allahabad-hc-quashes-drat-order\/","url_meta":{"origin":207857,"position":2},"title":"Inform debtor before commencing with auction sale of his security, Allahabad HC quashes DRAT order","author":"Saba","date":"February 15, 2017","format":false,"excerpt":"Allahabad High Court:\u00a0The petitioner before the Court appealed against the order of Debt Recovery Appellate Tribunal. The petitioner was serving in Punjab National Bank, Branch Mahmoorganj, Varanasi. During his service period, he availed a housing loan of Rs. 10 lacs in the year 2007 for construction of house and deposited\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":278666,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/11\/21\/validity-of-government-notification-changing-pecuniary-jurisdiction-of-drts-debt-recovery-legal-update-legal-research\/","url_meta":{"origin":207857,"position":3},"title":"Divesting DRTs of their pecuniary jurisdiction without any amendment to RDB Act 1993 is unsustainable; Bombay HC stays notification changing DRT jurisdiction in matters above \u20b9100 crores","author":"Editor","date":"November 21, 2022","format":false,"excerpt":"\u00a0 \u00a0 Bombay High Court: While hearing a challenge to the Government Notification dated 04\/10\/2022 changing the jurisdiction of Dept Recovery Tribunals in matters above \u20b9100 crores, the Division Bench of Sanjay A. Deshmukh and Ravindra V. Ghuge, JJ., held that divesting the Debts Recovery Tribunals of their pecuniary jurisdiction\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Bombay High Court","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/02\/Bombay-HC.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/02\/Bombay-HC.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/02\/Bombay-HC.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/02\/Bombay-HC.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/02\/Bombay-HC.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":306330,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/11\/03\/delhi-high-court-remedy-section-1310-sarfaesi-act-cannot-considered-remedy-independent-rdb-act-legal-news\/","url_meta":{"origin":207857,"position":4},"title":"Delhi High Court| Remedy under Section 13(10) of SARFAESI Act cannot be considered as a remedy independent of the RDB Act","author":"Arunima","date":"November 3, 2023","format":false,"excerpt":"The Court is unable to accept that the legislative intent is to provide parallel regimes for the recovery of debts. The provisions of Section 13(10) of the SARFAESI Act, thus, cannot be interpreted in the manner as contended on behalf of the petitioner.","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"delhi high court","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/10\/delhi-high-court.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/10\/delhi-high-court.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/10\/delhi-high-court.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/10\/delhi-high-court.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":281546,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/13\/set-aside-order-of-telangana-high-court-which-set-aside-order-drt-possession-sale-notice-issued-indian-bank-legal-news-legal-research-updates\/","url_meta":{"origin":207857,"position":5},"title":"Only a secured property used as agricultural land can be exempted under SARFAESI Act; Supreme Court sets aside Telangana High Court&#8217;s order","author":"Editor","date":"January 13, 2023","format":false,"excerpt":"Supreme Court opined that instead of shifting the burden of proof on the secured creditor to prove that the secured property was not agricultural property, the Telangana High Court should have laid down the burden of proof on the borrowers.","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"agricultural land","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/01\/MicrosoftTeams-image-71.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/207857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/8808"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=207857"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/207857\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=207857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=207857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=207857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}