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    <title>2005 (11) TMI 260 - HIGH COURT OF ANDHRA PRADESH</title>
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    <description>Once a secured creditor invokes measures under section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, civil court intervention by injunction is barred because the Act provides a special enforcement regime and a statutory remedy before the Debts Recovery Tribunal under section 17. The article also notes that temporary injunction requires a prima facie case, balance of convenience, and irreparable injury; where the plaintiffs failed to establish the joint family character of the property, did not implead necessary parties, and suppressed material facts about the loan and mortgage, interim relief was not justified. The injunction order was therefore unsustainable.</description>
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    <pubDate>Fri, 25 Nov 2005 00:00:00 +0530</pubDate>
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      <title>2005 (11) TMI 260 - HIGH COURT OF ANDHRA PRADESH</title>
      <link>https://www.taxtmi.com/caselaws?id=111038</link>
      <description>Once a secured creditor invokes measures under section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, civil court intervention by injunction is barred because the Act provides a special enforcement regime and a statutory remedy before the Debts Recovery Tribunal under section 17. The article also notes that temporary injunction requires a prima facie case, balance of convenience, and irreparable injury; where the plaintiffs failed to establish the joint family character of the property, did not implead necessary parties, and suppressed material facts about the loan and mortgage, interim relief was not justified. The injunction order was therefore unsustainable.</description>
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      <pubDate>Fri, 25 Nov 2005 00:00:00 +0530</pubDate>
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