Supreme Court: SARFAESI Act overrides DRT decree in debt case
The case involves a writ petition challenging the invocation of SARFAESI Act proceedings despite an earlier decree passed in a DRT case for the same debt, arguing that the cause of action merged with the decree and res judicata applies.
Petitioner: K. K. Praveen; Respondents: J.M. Financial Asset Reconstruction Company P. Ltd. & ORS.; Bench: Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice R. Mahadevan
- Dismissed the writ petition
- Section 35 of SARFAESI Act, 2002 overrides other laws
- Provisions of SARFAESI Act override the decree passed in DRT case
Written from the document by AI, and checked against it. The original below is authoritative.
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Document details
| Official title | SARFAESI Proceedings Can Be Invoked Despite Earlier Decree Passed In DRT OA For Same Debt : Supreme Court |
| Source body | Supreme Court of India — orders & judgments |
| Reference number | — |
| Status | closed (order) |
| Year | 2026 |
| Closing date | — |
| Documents | 1 |