YASHWANT G. GHAISAS . vs BANK OF MAHARASHTRA — C.A. No. 1359/2013

Case under Section I-B. Status: Disposed.

Disposed

CNR: SCIN010034592013

Filing Date

30-Jan-2013

Registration No

C.A. No. 1359/2013

Diary Number

3459/2013

Order Date

01-Mar-2013

Document Type

ROP - of Main Case

Disposal Type

Dismissed

Last updated 05-Jul-2026

Acts & Sections

Section I-B

Petitioner(s)

  1. 1.YASHWANT G. GHAISAS .

    Adv. J S WAD AND CO

Respondent(s)

  1. 1.BANK OF MAHARASHTRA

Case History

  1. Case disposedDisposed

  2. 01-Mar-2013

    ROP - of Main CaseView PDF

  3. 30-Jan-2013

    Case filed

    Registration No. C.A. No. 1359/2013

View Full Judgment
casestatus.in Summary

Case Summary: Yashwant G. Ghaisas v. Bank of Maharashtra (C.A. 1359/2013) The Supreme Court dismissed the appellants' appeal challenging the National Consumer Disputes Redressal Commission's rejection of their complaint against Bank of Maharashtra. The appellants, guarantors of a Rs. 17-crore loan to their company Mint Bio-Fuels Ltd., sought unfreezing of their accounts and restoration of Rs. 2,04,67,264 plus compensation after the bank exercised its right of set-off on a non-performing asset. The Court found the complaint "thoroughly misconceived," holding that the National Commission correctly declined jurisdiction as such matters fall under the SARFAESI Act 2002, which ousts jurisdiction of consumer forums, and directing parties toward appropriate debt recovery forums. This case analysis is maintained by casestatus.in based on publicly available court records.

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