The Authorised Officer Central Bank Of India Vs. Shanmugavelu

Decided On : Feb-02-2024

Court : Supreme Court of India

LAW: the SARFAESI Act, the “SARFAESI Act, Section 13(4, Page 5, Page 9 of 81 Sir, Page 10 of 81, Rule 9, Section 73, the Indian Contract Act, Section 74 of the Contract Act, Section 73 of the Contract Act, Section 74, Section 73, the Contract Act, Section 73, the Contract Act, Section 73, the Contract Act, Section 73, the Contract Act, Section 73, the Contract Act, Section 35, Section 37 of the Act, Section 37, the Contract Act, the Contract Act, the SARFAESI Act, Section 13(4, Section 73, Section 73, Section 73, Section 73, Section 35, Section 73, Rule 9, Section 35, Rule 9(5, Rule 9(5, Rule 9(5, the RDBFI Act, the SARFAESI Act, the SARFAESI Act, Constitution, the Chairmanship of Shri T. Tiwari, Section 13 of the SARFAESI Act, Section 13 of the SARFAESI Act, the Page 27, Section 35, Section 37, the SARFAESI Act, the SARFAESI Act, the Companies Act, the SARFAESI Act, the SARFAESI Act, Page 28, the Chairmanship of Shri T. Tiwari, Section 34, Section 34, Section 13, Section 13, Section 35, Section 37, the Companies Act, Section 41, Section 73, Section 73, Section 73, Page 33 of 81, Section 73, Section 73, the Contract Act, Section 74, Rule 9, Rule 9, Section 13(4, the SARFAESI Act, Section 17, the SARFAESI Act, Section 13(4, Section 13(4, Section 73, Rule 9(5, Rule 9(5, the SARFAESI Act, the Indian Contract Act, section 73 and section 74, the Contract Act, Page 40, Chapter VI, section 73 and section 74, the SARFAESI Act, the SARFAESI Act, the Contract Act, section 73 and section 74, the Contract Act, Contract Act, the SARFAESI Act, section 38, the SARFAESI Act, the SARFAESI Act, Page 43, the SARFAESI Act, Section 73, the SARFAESI Act, Section 37, Section 35, Section 37, Section 37, Section 35, Section 35, Section 37, Section 37, the SARFAESI Act, the SARFAESI Act, the SARFAESI Act, Section 37 SARFAESI Act, the SARFAESI Act i.e., the SARFAESI Act, the SARFAESI Act, Section 13(8, the SARFAESI Act, Section 13(8, the SARFAESI Act, Section 13, the SARFAESI Act, the SARFAESI Act, Para 19, the SARFAESI Act, Section 13, the SARFAESI Act, Rule 9(5, Rule 9, Section 17, Contract Act, the SARFAESI Act, section 38, the SARFAESI Act, the SARFAESI Act, Section 37, the SARFAESI Act, Rule 9(5, Page 49, Section 37, Section 46

ORG: THE SUPREME COURT OF INDIA CIVIL APPELLATE JURISDICTION CIVIL APPEAL NO(S, CENTRAL BANK OF INDIA, APPELLANT, Earnest-Money & Law on Forfeiture of Earnest-Money Deposit, the High Court, Bank, the Secured Creditor, a Nationalized Bank, the High Court, C.R.P, the High Court, Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, the Secured Asset, the Secured Asset, Digital Signature Certificate, PAN, Digital Signature Certificate, M/s C1 India Pvt. Ltd., E-Mail, The Authorized Officer / Secured Creditor, EMD, RTGS/NEFT, Account No.3227870680, Central Bank of India, CFB, EMD, M/s C1India Pvt. Ltd., EMD, Central Bank of India, CFB, the Web-Portal, PAN Card, KYC, Voter ID Card / Driving Page 4, License / Passport, Reserve, Date & Time, the Reserve Price, the Authorized Officer/Secured, The Earnest Money Deposit, EMD, EMD, The Earnest Money Deposit, EMD, H1, the Secured Asset, SARFAESI Act 2002, M/s Best & Crompton Engineering Projects Limited, Schedule, M/s Futuretech Industries Ltd., Candid Industries Ltd., Block No.6,, Chennai South, Sale, Earnest Money Deposit, EMD, RTGS/NEFT, the Earnest Money Deposit, RTGS, EMD, Sd/- AUTHORIZED OFFICER9, 07.03.2017, the Security Interest (Enforcement) Rules, SARFAESI Act 2002, M/s Best & Crompton Engineering Projects Limited, Schedule, M/s Futuretech Industries Ltd., Candid Industries Ltd., Mambalam-Guindy Taluk, Sale, Earnest Money Deposit, EMD, BID, Bank, SARFAESI Act 2002, M/s Best & Crompton Engineering Projects Limited Ref, Schedule, M/s Futuretech Industries Ltd, Candid Industries Ltd., Mambalam-Guindy Taluk, EMD, BID, Bank, the Security Interests (Enforcement) Rules, 05.04.2017, SA No.143 of 2018, the Debts Recovery Tribunal-II, DRT, 06.04.2017, DRT, the Secured Asset, SA No.143 of 2018, the Secured Asset, DRAT, DRAT, the High Court, C.R.P., DRAT, Chennai, High Court, the Appellate Tribunal, the High Court, the High Court, DRAT, the High Court, the SARFAESI Rules, The High Court, the SARFAESI Rules, Emphasis, the High Court, DRT, Emphasis, the High Court, the SARFAESI Rules, the SARFAESI Rules, Bank, the High Court, Court, the High Court, Impugned Judgment, the High Court, SARFAESI, the High Court, the SARFAESI Rules, Court, the SARFAESI Rules, the High Court, SARFASI Rules, unreasonableness.33, Section(s) 73 & 74, the SARFAESI Rules, Bank, CPC, Parliament, the Recovery of Debts Due to, the Tiwari Committee, Bank, Non-Performing Assets, the Narasimham Committee I & II, Andyarujina Committee, Committees, Committees, the Narasimham Committee, Andyarujina Committee, Narasimham Committee, Andhyarujina Committee, the Central Government, Committees, inter alia, Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Ordinance, Mardia Chemicals Ltd. & Ors, v. Union of India & Ors, the Recovery of Debts Due to, the Recovery of Debts Due to, the Narasimham Committee, another Expert Committee, the Narasimham Committee, the Narasimham Committee, Committees, the Narasimham Committee, Committee, the Recovery of Debts Due to, Court, United Bank of India, Satyawati Tondon & Ors, Central, the Government of India, The Tiwari Committee, The Tiwari Committee, SARFAESI Rules, Page 25, the SARFAESI Rules, Acts, the Securities Contracts (Regulation) Act, the Securities and Exchange Board of India Act, the Recovery of Debts Due to, Court, Madras Petrochem Ltd. & Anr, Industrial and Financial Reconstruction & Ors, Sections 13, the Sick Industrial Companies (Special Provisions, the Industries (Development and Regulation) Act, the Recovery of Debts Due to, The Statement of Objects, The Committee on the Financial System, Committee, The Tiwari Committee, Narasimham Committee, the Appellate Tribunal, Financial Corporation Acts, the Sick Industrial Companies (Special Provisions, the Sick Industrial Companies (Special Provisions, the Securitisation and Reconstruction of Financial Assets and, the Recovery of Debts Due to, the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, the Securities Contracts (Regulation) Act, the Securities and Exchange Board of India Act, the Recovery of Debts Due to, the Sick Industrial Companies (Special Provisions) Act, Section Page, Emphasis, SARFAESI, Hadley & Anr, Baxendale & Ors, the Court of Appeal, Newman Industrial Ltd., Court, The Saran Engineering Co. Ltd., Court, Court, the Export Corporation, the Export Corporation, the Export Corporation, the contract.14, Court, The SARFAESI Rules, Court, Sehgal & Anr, the SARFAESI Rules, purchaser, the High Court, Emphasis, Agarwal Tracom Private Limited v., Punjab National Bank & Ors, DRT, Emphasis, the High Court, the SARFAESI Rules, Court, the SARFAESI Rules, Section(s, the Consequence of Breach of Contract, Court, Mardia Chemicals v. Union of India, Parliament, inter alia, Emphasis, Section(s, sham, Bench, Emphasis, SARFAESI, the SARFAESI Rules, Court, the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, Securitisation and Reconstruction of Financial, Enforcement of Security Interest Act, the Recovery of Debts Due to, Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, the Sick Industrial Companies (Special Provisions) Act, Emphasis, Court, Bafna Motors, Court, M.D. Frozen Foods Exports, Court, Suffice, Emphasis, the SARFAESI Rules, Section(s, the SARFAESI Rules, the SARFAESI Rules, DRT, Court, inter alia, Section(s) 73 & 74 of the 1872 Act, the SARFAESI Rules, Earnest-Money & Law on Forfeiture of Earnest-Money, The Black’s Law Dictionary, Court, Sales Tax Officer, Gujarat & Ors, Ajit Mills Limited & Anr, State, Black's Legal Dictionary, Black's Legal Dictionary, the U. S. Supreme Court, Baltimore & Ohio RR Co., Court, Bench

CARDINAL: 235, 3, 13, 17, 18, 19, 44, 1, 81, 66, 81, 1, 27.10.2021, 2, 81, one, 60, 6, 28.05.2013.5, 24.10.2016, 9,62,00,000/-, 12, 3, 813, 4, 5.00, 81, four, 81, 3,06,75,000/-, 60, 65/2, 6, 81, Twelve, Twenty Seven, 3,06,75,000/-, Two, Ten, Twenty, 19.12.2016, 20.12.2016, 81, 60, 65/2, Twelve, Twenty Seven, Two, Ten, 3,06,75,000/-, Twenty, 8, 81, three, Nine, Twenty, Twelve, Twenty Seven, 60, 65/2, 3,06,75,000, 96,20,000, 2,10,55,000, Twenty, three, Nine, Twenty, Twenty, Nine, Twenty, one, 11, 14.76, 5,00,000/-, 30.07.2021, 5, 55, 12, 81, 30.07.2021, 27.10.2021, 19, two, two, 5, 13, 81, 12, 9(5, 9(5, 9(5, 14, 9(5, one, 18, 5, 15, 20, 9(5, 20, three, 1, 9(5, 2, 16, 3, 9(5, 9(5, 9(5, 9(5, 11, 24.10.2016, 9(5, 9(5, 19, 81, 20, 81, one, five, 22, 81, 34, 23, 81, 8.1, One, 8, 1, 24, 81, Many hundred thousand, several hundred, 8, 81, 9, 5, 3, 4, 9, 6, 8, 5, 8, 2, 5, 8, 3, 26, 81, 4, 5, 4, 6, 8), 9, 10, 6, 81, 35, 37, 16, three, 81, Two, 19, 1, 29, 81, more than fifteen, about 304, 391, one, 2, 1, 30, 81, 22, two, 24, Three, three, 31, 81 15(1, two, 34, 73, two, one, 2, 1, 2, 3, 4, two, one, 5, 6, 158, 51, 34, 81, two, one, 2 SCC424as, 36, 81, 5, 5, 8, 9(5, 9(1, twenty-five, 37, 81, 9(5, 38, 81, 10, 27, 13-3-2018, twenty-five, 9(5, 9(4, 9(5, twenty-five, 1, 28, 9(5, 9(5, 74, two, 9(5, 20, 81, 5, 9, 5, 9, 5, 41, one, 5, 9, 73 and 74, 9, 5, 9, 9(5, 5, 9, 42, 81, 5, 9, 9(5, 74, 18, 9, 2, 9, 9(5, 5, 9, 5, 9, 81, one, 5, 9, one, 9(5, 35, 39, 44, 81, two, 60, 72, 61, 74, only one, 46, 81, 74, 74, 5, 22, 9(5, 48, 81, 68, 74, 81, 4, 18, one, 50, 81, one, 11, 714, 712, one, 19

PERSON: INDEX A. FACTUAL, Legislative History, F. CONCLUSION ...................................................................................., Guindy, Chennai, Chennai, K.N. SHRINATH-9840446485, G.S. Prasad, Chennai Tel, Successful Bidder, Guindy, Reg, Guindy Taluk, Thiru Vi Ka Industrial Estate, Thiru Vi Ka Industrial Estate East, Guindy, Reg, Thiru Vi Ka Industrial Estate, Thiru Vi Ka Industrial Estate East, 19/12/2016, R. Shanmugavelu, Guindy, Reg, Vi Ka Industrial Estate, Thiru Vi Ka Industrial Estate, 19/12/2016, Chennai, xxx xxx xxx, xxx xxx xxx, Dhruv Mehta, Mehta, C. Natarajan, Mehta, S. Muralidhar, Legislative History, xxx xxx xxx, Andhyarujina, Schedule, xxx xxx xxx, Reasons, Reasons, Shri M. Narasimham, Bill, xxx xxx, Schedule, Victoria Laundry, Karsandas H. Thacker v. M/s., K. P. Subbarama Sastri, v. K. S. Raghavan & Ors, LRs v., Prem Narain, Rule, C. Natarajan, Law, Celir LLP, Section(s, C. Natarajan, Section(s, C. Natarajan, C. Natarajan, Law, b. Concept, Section(s, Henry Campbell Black, Lalji Raja, Cri LJ1101

QUANTITY: 32 a., 49 c. Law, 200 tons

FAC: Madras, Sections 73, Madras Petrochem

DATE: 1892 & 2282, 2021, 10581, 2002, 07-12-2016, 23-11-2016, 42625259, 9962029300, 05-12-2016, 07.12.2016, the same day, 07.12.2016, December 7, 2016, 10581, 15 days, today, three-months, three-months, 2002, 10581, 15 days, 3) months, 90 days, 15-days, 27.03.2017, 10581, 7-12-2016, 15 days, 3) months, 90 days, 20/12/2016, another 15 days, three months, the 15th day, 2002, 90 days, 27.03.2017, 13.03.2019, 06.05.2019, 2019, 1892 & 2282 of, 2021, July 30, 2021, May 06, 2019, 1872, 1872, 2002, 55, 81, July 30, 2021, 2002, 2002, 1872, 81, 17 of 8125, 2023, 1872, 34, early 1990s, 1908, 1993, 21 of 8139, 2002, the 21st June, 2002, 2004, 1993, 36, 1992, 2010, three months, the expiry of thirty days, less than fifteen days, the same day, the fifteenth day, three months, fifteen days, 1956, 1 of 1956, 1956, 42 of 1956, 1992, 15 of 1992, 1993, 51 of 1993, 2016, 4 SCC1, 35, 37, 1985, 1951, about 7 years, 1993, 1993, 1981, 30-9-1990, 5622, 1993, the year 2000, 1985, 1993, 1985, 1993, 2002, the year 2002, 1993, 2002, 2002, 1956, 1956, 1992, 1993, 1985, 1872, 32 of 8149, 1843-60, 461, 1949, January 30, 1953, that day, July 1952, 1987, 2018, thirty days, the same day, the fifteenth day, fifteen days, the next working day, 15 days, 2013, fifteen days, fifteen days, 56, 2018, 39 of 8157, 73, 35, 37, 73, 74, 1872, 2004, 81, 73, 37, 2002, 2002, 2002, 1993, 2002, 1985, 2023, 1882, 1882, the Page 45, 73, 73, 74, 1872, 73, 73, 47 of 8165, 73, 1872, 1968, 1977, 1953

WORK_OF_ART: Impugned Order, TERMS & CONDITIONS1, AS IS WHERE IS, AS IS WHAT IS, Bid Increase Amount, CFB/CHEN/2016-17/685, CFB/CHEN/2016-17/718 December 20, 2016 Mr. R Shanmugavelu, Block No.6, Alandur, CFB/CHEN/2016-17/919 March 27, 2017, 10., Black’s Law Dictionary, 4th Edition

TIME: 11.00 a.m., 10.00 a.m., hours i.e., 10 AM to 5 PM, 4.00 p.m., the last 5 minutes, 3 minutes, 3 minutes, 24 hours, 24 hours

ORDINAL: third, First, Secondly, third, policy.41, first, third, second, first, first, second, first, first, second, third, second, third, first, First, second, first, second, first, First, Secondly, First, Secondly

GPE: rejected.10, 24/10/2016, 24/10/2016, 24/10/2016, 24/10/2016, RA(SA, India, India, India, India, India, reconstruction.40, NPAs, NPAs, force.46, E.R., Hadley, events.22, Mumbai, R.S. Joshi, the State of, Maryland, Bankura Municipality

PERCENT: 25%, 75%, 25%, 25%, 25%, 75%, 25%, 75%, 25%, 25%, 25%, 75%, 25%, 75%

EVENT: 07/12/2016, 07/12/2016, 07/12/2016, 07/12/2016, 07/12/2016, the 1872 Act, the 2000 Amendment, the 2002 Rules, the 2002 Rules

LOC: South, South, South, East, Madras

PRODUCT: Rs.96,20,000/-, Rule 9.23, Rule 9(5

NORP: 08/12/2016, 08/12/2016, Rules, penalty.54, Rules, Rules, Rules, French

MONEY: twenty five per cent, 81 SARFAESI Act

LANGUAGE: damage.53