M/S. AIRAVAT INDUSTRIES vs BANK OF MAHARASHTRA — SLP(C) No. 2342/2026

Case under Banking : Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Debt Recovery by Banks, Financial Institutions, Cooperative Banks and Negotiable Instruments [Other Than Criminal Prosecution] Section I-B. Status: Disposed.

Disposed

CNR: SCIN010013132026

Filing Date

08-Jan-2026

Registration No

SLP(C) No. 2342/2026

Diary Number

1313/2026

Order Date

30-Jan-2026

Document Type

ROP - of Main Case

Disposal Type

Dismissed

Last updated 05-Jun-2026

Acts & Sections

Banking : Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, debt recovery by banks, financial institutions, cooperative banks and negotiable instruments [other than criminal prosecution] Section I-B

Petitioner(s)

  1. 1.M/S. AIRAVAT INDUSTRIES

    Adv. CHAND QURESHI

Respondent(s)

  1. 1.BANK OF MAHARASHTRA

Case History

  1. Case disposedDisposed

  2. 30-Jan-2026

    ROP - of Main CaseView PDF

  3. 30-Jan-2026

    Mention Memo

    Hon'ble Mr. Justice Dipankar Datta and Hon'ble Mr. Justice Satish Chandra Sharma

  4. 08-Jan-2026

    Case filed

    Registration No. SLP(C) No. 2342/2026

View Full Judgment
casestatus.in Summary

The Supreme Court dismissed Airavat Industries' Special Leave Petition against Bank of Maharashtra, holding that the Chief Judicial Magistrate's order under Section 14 of the SARFAESI Act was ministerial in nature and did not involve judicial functions, making the petition unmaintainable. The Court kept all points on merits open and allowed the petitioner to pursue remedies before appropriate forums in accordance with law. This case analysis is maintained by casestatus.in based on publicly available court records.

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