THE HON’BLE SRI JUSTICE VILAS V. AFZULPURKAR C.R.P.No. 2210 of 2014 Date of Judgment: 17.7.2014 Between:
Tatavarthi Pullaiah …Petitioner And Mr. Neelisetti Narasimha Rao and another ..Respondents THE HON’BLE SRI JUSTICE VILAS V. AFZULPURKAR C.R.P.No. 2210 of 2014 ORDER:
Heard learned counsel for the petitioner.
The petitioner seeks to interdict the auction of his property being conducted by the second respondent under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. In view of bar under Section 34 of the Act neither a Civil Court nor this Court has jurisdiction exercising revisional jurisdiction to entertain the matter under the Act and interdict the proposed auction.
Hence giving liberty to the petitioner to approach the Debt Recovery Tribunal for appropriate remedy, the revision petition is dismissed along with miscellaneous applications, if any. No costs.
VILAS V. AFZULPURKAR, J Dt. 17.7.2014 KR