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    <title>2013 (3) TMI 18 - MADRAS HIGH COURT</title>
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    <description>Section 13(4) measures under the SARFAESI Act attract the exclusive statutory remedy under Section 17, and Section 34 bars civil court jurisdiction where the Debts Recovery Tribunal or Appellate Tribunal is empowered to decide the dispute. A claim of tenancy rights over secured property, where the lease was created after the mortgage, does not permit a party to bypass that remedy or obtain an injunction from the civil court. The proper forum to test the asserted right is the Debts Recovery Tribunal, and civil court proceedings and interim restraint orders against SARFAESI action are not maintainable.</description>
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      <title>2013 (3) TMI 18 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=221251</link>
      <description>Section 13(4) measures under the SARFAESI Act attract the exclusive statutory remedy under Section 17, and Section 34 bars civil court jurisdiction where the Debts Recovery Tribunal or Appellate Tribunal is empowered to decide the dispute. A claim of tenancy rights over secured property, where the lease was created after the mortgage, does not permit a party to bypass that remedy or obtain an injunction from the civil court. The proper forum to test the asserted right is the Debts Recovery Tribunal, and civil court proceedings and interim restraint orders against SARFAESI action are not maintainable.</description>
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      <pubDate>Fri, 31 Aug 2012 00:00:00 +0530</pubDate>
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