THE SOUTH INDIAN BANK LTD., NAGPUR, THR. AUTHORISED OFFICER AND CHIEF MANAGER, MR. VYSAKH JAYAN vs M/S J. S. TRANSPORT CORPORATION, REPRES. BY. ITS PARTNER, BONEY SINGH SIDHU AND OTHERS — WP/5968/2025

Case under Securitisation & Reconstruction of Finiancial Assets Act Section 226,227. Disposed: Contested--ALLOWED on 15th April 2026.

Case disposed Next hearing 23-Oct-2025

CNR: HCBM040284042025

Filing Number

WP/20688/2025

Filing Date

11-Sep-2025

Registration No

WP/5968/2025

Registration Date

06-Oct-2025

Judge

Hon'ble Shri Justice Anil S. Kilor , Hon'ble Shri Justice Raj D. Wakode

Coram

Hon'ble Shri Justice Anil S. Kilor , Hon'ble Shri Justice Raj D. Wakode

Bench Type

Division

Judicial Branch

Civil

Decision Date

15-Apr-2026

Nature of Disposal

Contested--ALLOWED

Last updated 26-May-2026

Acts & Sections

Securitisation & Reconstruction of Finiancial Assets Act Section 226,227
Constitution of India

Petitioner(s)

  1. 1.THE SOUTH INDIAN BANK LTD., NAGPUR, THR. AUTHORISED OFFICER AND CHIEF MANAGER, MR. VYSAKH JAYAN

    Adv. S.N. KUMAR,VAIBHAV V. SALAR,VAIBHAV V. SALAR, ,PRATIK P. JOSHI,PRUTHA MAHESH MASODKAR,VAIBHAV V. SALAR

Respondent(s)

  1. 1.M/S J. S. TRANSPORT CORPORATION, REPRES. BY. ITS PARTNER, BONEY SINGH SIDHU AND OTHERS

    Adv. ,PRAJAKTA BADGE,RAYHAAN SAMEER AHMED,SHAMISH AGRAWAL,RADHESHYAM H. AGRAWAL 1123

  2. 2.MR. BONEY SINGH SUDHU

  3. 3.MR. HARI SINGH SIDHU @ HARISINGH H. SINDHU

  4. 4.MR. TONEY HARBANS SINGH SIDHU

Case History

  1. Case disposedDisposed

  2. 15-Apr-2026

    Hon'ble Shri Justice Anil S. Kilor,hon'ble Shri Justice Raj D. WakodeView PDF

    CASE SUMMARY The Bombay High Court (Nagpur Bench) allowed South Indian Bank's writ petition and quashed the lower court's order rejecting the bank's Section 14 application under the SARFAESI Act, 2002. The lower court had rejected the bank's second application for possession of secured assets, reasoning that an existing possession warrant from an earlier application precluded a subsequent application for the same borrower. The High Court held that a secured creditor can file multiple Section 14 applications for different loan transactions or properties, rejecting the argument that only one application is permissible per borrower. The court also found no interim moratorium applied from NCLT proceedings. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 15-Apr-2026

    For Admission - (Civil Side Matters)

    Hon'ble Shri Justice Anil S. Kilor , Hon'ble Shri Justice Raj D. Wakode

  4. 27-Mar-2026

    Hon'ble Shri Justice Anil S. Kilor,hon'ble Shri Justice Raj D. WakodeView PDF

  5. 25-Mar-2026

    For Admission - (Civil Side Matters)

    Hon'ble Shri Justice Anil S. Kilor , Hon'ble Shri Justice Raj D. Wakode

  6. 11-Mar-2026

    Hon'ble Shri Justice Anil S. Kilor,hon'ble Shri Justice Raj D. WakodeView PDF

  7. 11-Mar-2026

    Continue Admission Matters

    Hon'ble Shri Justice Anil S. Kilor , Hon'ble Shri Justice Raj D. Wakode

  8. 24-Feb-2026

    Hon'ble Shri Justice Anil S. Kilor,hon'ble Shri Justice Raj D. WakodeView PDF

  9. 24-Feb-2026

    For Admission - (Civil Side Matters)

    Hon'ble Shri Justice Anil S. Kilor , Hon'ble Shri Justice Raj D. Wakode

  10. 18-Feb-2026

    Hon'ble Shri Justice Anil S. Kilor,hon'ble Shri Justice Raj D. WakodeView PDF

  11. 02-Feb-2026

    For Admission - (Civil Side Matters)

    Hon'ble Shri Justice Anil S. Kilor , Hon'ble Shri Justice Raj D. Wakode

  12. 20-Jan-2026

    Hon'ble Shri Justice Anil S. Kilor,hon'ble Shri Justice Raj D. WakodeView PDF

  13. 20-Jan-2026

    For Admission - (Civil Side Matters)

    Hon'ble Shri Justice Anil S. Kilor , Hon'ble Shri Justice Raj D. Wakode

  14. 06-Jan-2026

    Hon'ble Shri Justice Anil S. Kilor,hon'ble Shri Justice Raj D. WakodeView PDF

  15. 06-Jan-2026

    For Admission - (Civil Side Matters)

    Hon'ble Shri Justice Anil S. Kilor , Hon'ble Shri Justice Rajnish R. Vyas

  16. 22-Dec-2025

    Hon'ble Shri Justice Anil S. Kilor,hon'ble Shri Justice Rajnish R. VyasView PDF

  17. 22-Dec-2025

    Hon'ble Shri Justice Anil S. Kilor,hon'ble Shri Justice Rajnish R. VyasView PDF

  18. 22-Dec-2025

    Fresh Admission (Civil Side Matters)

    Hon'ble Shri Justice Anil S. Kilor , Hon'ble Shri Justice Rajnish R. Vyas

  19. 23-Oct-2025

    —

  20. 15-Oct-2025

    Hon'ble Shri Justice Anil S. Kilor,hon'ble Shri Justice Rajnish R. VyasView PDF

  21. 10-Oct-2025

    First hearing

    Initial hearing scheduled

  22. 07-Oct-2025

    Hon'ble Shri Justice Anil S. Kilor,hon'ble Shri Justice Rajnish R. VyasView PDF

  23. 11-Sep-2025

    Case filed

    Registration No. WP/5968/2025

casestatus.in Summary

CASE SUMMARY The Bombay High Court (Nagpur Bench) allowed South Indian Bank's writ petition and quashed the lower court's order rejecting the bank's Section 14 application under the SARFAESI Act, 2002. The lower court had rejected the bank's second application for possession of secured assets, reasoning that an existing possession warrant from an earlier application precluded a subsequent application for the same borrower. The High Court held that a secured creditor can file multiple Section 14 applications for different loan transactions or properties, rejecting the argument that only one application is permissible per borrower. The court also found no interim moratorium applied from NCLT proceedings. This case analysis is maintained by casestatus.in based on publicly available court records.

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