Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
Use comma for multiple locations.
---------------- For section wise search only -----------------
Accuracy Level ~ 90%
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
Issues: Whether the writ petition challenging the Recovery Officer's order confirming sale and consequential possession notice was maintainable in view of the statutory appeal remedy under the Recovery of Debts and Bankruptcy Act, 1993, and whether the recovery proceedings were jurisdiction because of the pending insolvency proceedings under the Insolvency and Bankruptcy Code, 2016.
Analysis: The challenge was directed only against the Recovery Officer's order and possession notice, while the judgment and award of the Debt Recovery Tribunal had not been challenged and had attained finality. The statutory remedy under Section 30 of the Recovery of Debts and Bankruptcy Act, 1993 provided an appeal against the Recovery Officer's order, and the Court found no exceptional ground to bypass that remedy. The plea based on moratorium under Section 14 of the Insolvency and Bankruptcy Code, 2016 was rejected because no order extending the moratorium was shown, and the recovery proceedings were consequential to the final DRT order. The Court held that the cited precedents did not assist the petitioners on the facts.
Conclusion: The writ petition was not maintainable, and the petitioners were relegated to the appellate remedy before the Debt Recovery Tribunal.
Final Conclusion: The recovery proceedings were left undisturbed in writ jurisdiction, and the petitioners were directed to pursue the statutory appeal remedy if so advised.
Ratio Decidendi: When an effective statutory appeal lies against a Recovery Officer's order, and the foundational tribunal order has attained finality, writ jurisdiction will ordinarily not be exercised merely on a plea of lack of jurisdiction unless a clear and subsisting jurisdictional defect is demonstrated.