MURTHY vs M/S INDOSTAR CAPITAL FINANCE LIMITED — 183/2023
Case under Order 7 Rule 1 of Cpc Section 1. Disposed: Uncontested--PLAINT REJECTED/RETURN on 18th March 2026.
O.S. - Original Suit
CNR: KABR320010302023
Filing Number
186/2023
Filing Date
10-Apr-2023
Registration No
183/2023
Registration Date
10-Apr-2023
Court
CIVIL JUDGE AND JMFC, DEVANAHALLI
Judge
1079-II Addl. CIVIL Judge And JMFC
Decision Date
18-Mar-2026
Nature of Disposal
Uncontested--PLAINT REJECTED/RETURN
Last updated 18-Jun-2026
Acts & Sections
Petitioner(s)
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1.MURTHY
Adv. P.NARAYANAPPA
Respondent(s)
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1.M/S INDOSTAR CAPITAL FINANCE LIMITED
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2.M/S INDOSTAR CAPITAL FINANACE LIMITED
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3.MUNISHAMAPPA
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4.SOWMYA
Case History
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Case disposedDisposed
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18-Mar-2026
OrdersView PDF
Case Summary: Murthy v. Indostar Capital Finance Limited Court Decision: The court rejected the plaintiff's suit as barred by law under Section 34 of the SARFAESI Act, 2002. The plaintiff, a tenant claiming a lease agreement dated October 27, 2016, sought to restrain Indostar Capital Finance from interfering with the mortgaged property. Since the lender had already initiated SARFAESI recovery proceedings following the borrower's loan default, the court held that civil courts lack jurisdiction to entertain such suits, and the plaintiff's proper remedy was to approach the Debts Recovery Tribunal under Section 17 of the SARFAESI Act. This case analysis is maintained by casestatus.in based on publicly available court records.
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18-Mar-2026
Disposed
II Addl. CIVIL Judge And JMFC
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17-Mar-2026
Orders
II Addl. CIVIL Judge And JMFC
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03-Feb-2026
Orders
II Addl. CIVIL Judge And JMFC
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02-Dec-2025
Hearing
II Addl. CIVIL Judge And JMFC
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04-Nov-2025
Hearing
II Addl. CIVIL Judge And JMFC
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15-Sep-2025
Hearing
II Addl. CIVIL Judge And JMFC
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02-Jun-2025
Hearing
II Addl. CIVIL Judge And JMFC
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18-Mar-2025
Hearing
II Addl. CIVIL Judge And JMFC
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07-Jan-2025
Hearing
II Addl. CIVIL Judge And JMFC
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09-Dec-2024
Hearing
II Addl. CIVIL Judge And JMFC
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30-Oct-2024
Hearing
II Addl. CIVIL Judge And JMFC
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05-Aug-2024
Hearing
II Addl. CIVIL Judge And JMFC
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01-Jul-2024
Hearing
II Addl. CIVIL Judge And JMFC
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30-May-2024
Objection
II Addl. CIVIL Judge And JMFC
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08-Apr-2024
Objection
II Addl. CIVIL Judge And JMFC
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06-Mar-2024
Objection
II Addl. CIVIL Judge And JMFC
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18-Jan-2024
Objection
II Addl. CIVIL Judge And JMFC
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17-Nov-2023
Objection
II Addl. CIVIL Judge And JMFC
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29-Sep-2023
Objection
II Addl. CIVIL Judge And JMFC
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30-Aug-2023
Objection
II Addl. CIVIL Judge And JMFC
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14-Jul-2023
Objection
II Addl. CIVIL Judge And JMFC
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25-May-2023
Objection
II Addl. CIVIL Judge And JMFC
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10-Apr-2023
First hearing
Initial hearing scheduled
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10-Apr-2023
Case filed
Registration No. 183/2023
Case Summary: Murthy v. Indostar Capital Finance Limited Court Decision: The court rejected the plaintiff's suit as barred by law under Section 34 of the SARFAESI Act, 2002. The plaintiff, a tenant claiming a lease agreement dated October 27, 2016, sought to restrain Indostar Capital Finance from interfering with the mortgaged property. Since the lender had already initiated SARFAESI recovery proceedings following the borrower's loan default, the court held that civil courts lack jurisdiction to entertain such suits, and the plaintiff's proper remedy was to approach the Debts Recovery Tribunal under Section 17 of the SARFAESI Act. This case analysis is maintained by casestatus.in based on publicly available court records.
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