https://www.taxtmi.com/caselaws?id=264143 Civil suits challenging measures taken under Section 13(2) and 13(4) of the SARFAESI Act are barred where the statute provides a direct remedy before the Debts Recovery Tribunal and excludes civil court jurisdiction through Sections 34 and 35. The special appellate mechanism under Section 17 is independent of the debt threshold in Section 1(4) of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993, so that threshold does not restore civil court jurisdiction or limit the statutory remedy. The plaint was therefore held not maintainable and rejected for want of jurisdiction. en-us Fri, 03 Jul 2015 00:00:00 +0530 Fri, 18 Sep 2015 06:46:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264143 Civil suits challenging measures taken under Section 13(2) and 13(4) of the SARFAESI Act are barred where the statute provides a direct remedy before the Debts Recovery Tribunal and excludes civil court jurisdiction through Sections 34 and 35. The special appellate mechanism under Section 17 is independent of the debt threshold in Section 1(4) of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993, so that threshold does not restore civil court jurisdiction or limit the statutory remedy. The plaint was therefore held not maintainable and rejected for want of jurisdiction. Case-Laws Indian Laws Fri, 03 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264143