The Box Factory KR Ramakrishnan, Prashant Alai vs M/s. IDFC First Bank Limited — WP/14289/2020

Case under Others Section 1. Disposed: Contested--DISMISSED on 16th June 2026.

Case disposed

CNR: HCMA010935182020

Filing Number

WP/66082/2020

Filing Date

30-Sep-2020

Registration No

WP/14289/2020

Registration Date

03-Oct-2020

Judge

Honourable The Chief Justice , Honourable Mr.Justice G.arul Murugan

Coram

Honourable The Chief Justice , Honourable Mr.Justice G.arul Murugan

Bench Type

Division Bench

Category

Banking ( 15 )

Sub-Category

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, ( 33 )

Judicial Branch

WRITSECTION

Decision Date

16-Jun-2026

Nature of Disposal

Contested--DISMISSED

Last updated 17-Jun-2026

Acts & Sections

Others Section 1

Petitioner(s)

  1. 1.The Box Factory KR Ramakrishnan, Prashant Alai

  2. 2.Mr.Mrinal Mehta,

  3. 3.Mrs.Rekha Mehra

Respondent(s)

  1. 1.M/s. IDFC First Bank Limited

Case History

  1. Case disposedDisposed

  2. 16-Jun-2026

    Honourable The Chief JUSTICE,Honourable Mr.Justice G.arul MuruganView PDF

    The Madras High Court dismissed the writ petition filed by The Box Factory and its partners challenging IDFC First Bank's SARFAESI proceedings, holding the petition unmaintainable on two grounds: (1) a private bank enforcing contractual debt collection rights is not amenable to Article 226 writ jurisdiction as it does not perform state functions, and (2) an alternative efficacious remedy exists under Section 17 of the SARFAESI Act before the Debts Recovery Tribunal, making the statutory grievance mechanism the proper forum for challenging such measures. This case analysis is maintained by casestatus.in based on publicly available court records.

  3. 04-Mar-2021

    Adjourned Admission

    Honourable Mr Justice A.a.nakkiran , Honourable Mr Justice M. Sathyanarayanan

  4. 20-Jan-2021

    Adjourned Admission

    Honourable Mrs Justice R. Hemalatha , Honourable Mr Justice M. Sathyanarayanan

  5. 02-Nov-2020

    For Admission

    Honourable Mrs Justice R. Hemalatha , Honourable Mr Justice M. Sathyanarayanan

  6. 09-Oct-2020

    First hearing

    Initial hearing scheduled

  7. 30-Sep-2020

    Case filed

    Registration No. WP/14289/2020

casestatus.in Summary

The Madras High Court dismissed the writ petition filed by The Box Factory and its partners challenging IDFC First Bank's SARFAESI proceedings, holding the petition unmaintainable on two grounds: (1) a private bank enforcing contractual debt collection rights is not amenable to Article 226 writ jurisdiction as it does not perform state functions, and (2) an alternative efficacious remedy exists under Section 17 of the SARFAESI Act before the Debts Recovery Tribunal, making the statutory grievance mechanism the proper forum for challenging such measures. This case analysis is maintained by casestatus.in based on publicly available court records.

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