Smt. Basanti Bai Jain vs Central Bank Of India on 21 May, 2026

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    Chattisgarh High Court

    Smt. Basanti Bai Jain vs Central Bank Of India on 21 May, 2026

    Author: Narendra Kumar Vyas

    Bench: Narendra Kumar Vyas

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                                                                                       2026:CGHC:23425
                                                                                                    NAFR
                                      HIGH COURT OF CHHATTISGARH AT BILASPUR
                                                         WPC No. 2651 of 2026
                         Smt. Basanti Bai Jain W/o Shri Shubash Chand Jain Aged About 65 Years
                         Navkar Parishar, Azad Ward No. 37 Ganjpara Chowk, Tahsil- Durg District-
                         Durg (C.G.), Chhattisgarh
                                                                                ... Petitioner(s)
                                                                 versus
                         1 - Central Bank Of India Through Its Power Of Attorney Holder, Rajiv Singh,
                         Posted As Chief Manager, Central Bank Of India Branch Civil Lines Raipur
                         (C.G.)
                         2 - The Branch Manager Central Bank Of India, Radhika Nagar, District- Durg
             Digitally
    AKHILESH signed by
    KUMAR    AKHILESH
                         (C.G.)
                         3 - R.S. Enterprises Through Its Proprietor Subhash Chand Jain Navakar
    DEWANGAN KUMAR
             DEWANGAN
    
    
    
    
                         Parishar Ganjpura District- Durg (C.G.)
                         4 - Subhash Chand Jain S/o Shri Heeralal Jain Navakar Parishar Ganjpura
                         District- Durg (C.G.)
                                                                                  ... Respondent(s)
                         For Petitioner(s)         :   Mr. Gyan Prakash Shukla, Advocate.
                         For Respondent(s)         :   None.
                                          Hon'ble Shri Justice Narendra Kumar Vyas
                                                            Order on Board
                         21/05/2026
    
                         1.    The petitioner who is guarantor towards the loan obtained by borrower
    
                              i.e. respondent No. 4-Mr. Shubhas Chand Jain, has preferred the
    
                              present petition under Article 226 of the Constitution of India for
    
                              assailing      the       notice   dated     23.01.2026     issued    by    the
    
                              respondents/Central Bank of India under Rule 8(a) of Securitization
    
                              and Reconstruction of Financial Assets and Enforcement of Security
    
                              Interest Act, 2002 (for short "the SARFAESI Act") against the borrower
    
                              as well as the guarantor towards recovery of loan.
    
                         2.    Learned counsel for the petitioner would submit that as per Balance
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         Confirmation communication (Annexure P/11) issued from the Central
    
         Bank of India, Branch - Radhikanagar, the petitioner who is the
    
         guarantor is liable for payment of guarantee dated 11.03.2015 to the
    
         extend of Rs.13,30,000/-, whereas the Central Bank of India has
    
         issued notice (Annexure P/11) by which it has exceeded its jurisdiction
    
         under the Recovery of Debts and Bankruptcy Act, 1993, under Section
    
         1(4) which explicitly mandates minimum pecuniary threshold of
    
         Rs.20,00,000/-. Therefore, the Tribunal has no jurisdiction / authority to
    
         entertain the dispute raised by the petitioner as it is below its
    
         pecuniary limit.
    
    3.   He would further submit that the Central Bank of India has preferred
    
         an application bearing O.A. No.684/2025 (Annexure P/9) against one
    
         R.S. Enterprises (borrower), through its Proprietor, Subhash Chand
    
         Jain and his wife, Basanti Bai Jain (guarantor), wherein it has
    
         mentioned in para No.3 that the claim in respect of amount due from
    
         the defendants exceeds Rs.20,00,000/-. However, it is submitted by
    
         the petitioner that by the notice (Annexure P/11) issued on 12.09.2017
    
         it is quite clear that the petitioner is a guarantor to the extend of
    
         Rs.13,30,000/- and further after that, nothing has been placed on
    
         record to demonstrate whether the guarantor period has been
    
         extended or not.
    
    4.   I have heard learned counsel for the petitioner and perused the
    
         documents placed on record.
    
    5.   The point to be determined by this Court is:-
    
            "Whether the instant writ petition is maintainable against the
    
            impugned notice or not?
    
    6.   To ascertain the Point of determination, this Court has to examine the
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         general scope and limits of the High Court‟s powers and discretion
    
         under Articles 226 and 227 of the Constitution o India in relation to
    
         proceedings arising out of the DRT and DRAT.
    
    7.   Hon‟ble Supreme Court in case of M.S. Sanjay Vs. Indian Bank
    
         [2025 SCC OnLine SC 368] has summarized the governing principles
    
         for the exercise of such jurisdiction and has held as under:-
    
             ""9. It is well settled that interference by the Writ Court for
             mere infraction of any statutory provision or norms, if such in-
             fraction has not resulted in injustice is not a matter of course.
             In the case of Shiv Shanker Dal Mills v. State of Haryana,
             (1980) 2 SCC 437, the dealers in that case had paid market
             fees at the increased rate of 3%, which was raised from the
             original 2 per cent under Haryana Act 22 of 1977. The excess
             of 1 per cent over the original rate was declared ultra vires by
             this Court in the case of Kewal Krishna Puri v. State of
             Punjab, (1980) 1 SCC 416. The excess of 1 per cent over the
             original rate having been declared ultra vires, became
             refundable to the respective dealers from whom they were
             2025 SCC OnLine SC 368 recovered by the Market
             Committee concerned. The demand for refund of the excess
             amounts illegally recovered from them not having been
             complied with, the dealers filed Writ Petitions under Article 32
             and Article 226 of the Constitution for a direction to that effect
             to the Market Committee concerned. The Market Committees
             contended that although the refund of the excess collections
             might be legally due to the dealers, many of them had in turn
             recovered this excess percentage from the next purchasers.
             While disposing of the petition and laying down guidelines,
             this Court held as under:
                "Article 226 grants an extraordinary remedy, which is
                essentially discretionary, although founded on legal injury.
                It is perfectly open for the court, exercising this flexible
                power, to pass such order as public interest dictates and
                equity projects. Courts of equity may, and frequently do,
                go much further both to give and withhold relief in
                furtherance of the public interest than they are
                accustomed to go where only private interests are
                involved. Accordingly, the granting or withholding of relief
                may properly be dependent upon considerations as of
                public interest."
                10. It has been rightly observed that legal formulations
                cannot be enforced divorced from the realities of the fact
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                situation of the case. While administering law it is to be
                tempered with equity and if the equitable situation
                demands after setting right the legal formulations not to
                take it to the logical end, the High Court would be failing in
                its duty if it does not notice equitable consideration and
                mould the final order in exercise of its extraordinary
                jurisdiction. Any other approach would render the High
                Court a normal Court of Appeal, which it is not. It is a
                settled principle of law that the remedy under Article 226
                of the Constitution of India is discretionary in nature and in
                a given case, even if some action or order challenged in
                the petition is found to be illegal and invalid, the High
                Court while exercising its extraordinary jurisdiction
                thereunder can refuse to upset it with a view to doing
                substantial justice between the parties." (Emphasis
                supplied) "
    8.   Again a three-Judge Bench of the Hon‟ble Supreme Court in case of
    
         PHR Invent Educational Society v. UCO Bank (2024 SCC OnLine
    
         SC 528] has emphatically reiterated that the High Courts should
    
         ordinarily   refrain   from   entertaining   petitions   arising   from   the
    
         proceedings under the Securitisation and Reconstruction of Financial
    
         Assets and Enforcement of Security Interest Act, 2002 and the
    
         Recovery of Debts and Bankruptcy Act, 1993, since both statutes
    
         constitute self-contained codes providing efficacious alternative
    
         remedies. The Apex Court clarified that the writ jurisdiction may be
    
         invoked only in exceptional contingencies such as lack of jurisdiction,
    
         violation of fundamental judicial procedure, reliance on repealed
    
         provisions, or breach of natural justice. Hon'ble the Supreme Court
    
         has held as under:-
    
             ""23. It could thus be seen that, this Court has clearly held that
             the High Court will ordinarily not entertain a petition under
             Article 226 of the Constitution if an effective remedy is available
             to the aggrieved person. It has been held that this rule applies
             with greater rigour in matters involving recovery of taxes, cess,
             fees, other types of public money and the dues of banks and
             other financial institutions. The Court clearly observed that,
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    while dealing with the petitions involving challenge to the action
    taken for recovery of the public dues, etc. the High Court must
    keep in mind that the legislations enacted by Parliament and
    State Legislatures for recovery of such dues are a code unto
    themselves inasmuch as they not only contain comprehensive
    procedure for recovery of the dues but also envisage
    constitution of quasi-judicial bodies for redressal of the
    grievance of any aggrieved person. It has been held that,
    though the powers of the High Court under Article 226 of the
    Constitution are of widest amplitude, still the courts cannot be
    oblivious of the rules of self-imposed restraint evolved by this
    Court. The Court further held that though the rule of exhaustion
    of alternative remedy is a rule of discretion and not one of
    compulsion, still it is difficult to fathom any reason why the High
    Court should entertain a petition filed under Article 226 of the
    Constitution.
    24. The view taken by this Court has been followed in
    Agarwal Tracom (P) Ltd. v. Punjab National Bank.
    25. In State Bank of Travancore v. Mathew K.C., this Court
    was considering an appeal against an interim order passed
    by the High Court in a writ petition under Article 226 of the
    Constitution staying further proceedings at the stage of
    SARFAESI RDB Act Section 13(4) of the SARFAESI Act. After
    considering various judgments rendered by this Court, the
    Court observed thus : (SCC p. 94, para 16) "16. The writ
    petition ought not to have been entertained and the interim
    order granted for the mere asking without assigning special
    reasons, and that too without even granting opportunity to the
    appellant to contest the maintainability of the writ petition and
    failure to notice the subsequent developments in the
    interregnum. The opinion of the Division Bench that the
    counter-affidavit   having     subsequently       been       filed,
    stay/modification could be sought of the interim order cannot
    be considered sufficient justification to have declined
    interference."
    26. The same position was again reiterated by this Court in
    Phoenix ARC (P) Ltd. v. Vishwa Bharati Vidya Mandir.
    27. Again, in Varimadugu Obi Reddy v. B. Sreenivasulu, after
    referring to earlier judgments, this Court observed thus :
    (SCC pp. 181-82, para 34) "34. The order of the Tribunal
    dated 1-8-2019 was an appealable order under Section 18 of
    the SARFAESI Act, 2002 and in the ordinary course of
    business, the borrowers/person aggrieved was supposed to
    avail the statutory remedy of appeal which the law provides
    under Section 18 of the SARFAESI Act, 2002. In the absence
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    of efficacious alternative remedy being availed, there was no
    reasonable justification tendered by the respondent borrowers
    in approaching the High Court and filing writ application
    assailing order of the Tribunal dated 1-8-2019 under its
    jurisdiction under Article 226 of the Constitution without
    exhausting the statutory right of appeal available at its
    command."
    28. It could thus be seen that this Court has strongly
    deprecated the practice of entertaining writ petitions in such
    matters.
    29. Recently, in Celir LLP, after surveying various judgments
    of this Court, the Court observed thus : (SCC p. 81, para 101)
    "101. More than a decade back, this Court had expressed
    serious concern despite its repeated pronouncements in
    regard to the High Courts ignoring the availability of statutory
    remedies under the RDBFI Act and the SARFAESI Act and
    exercise of jurisdiction under Article 226 of the Constitution.
    Even after the decision of this Court in Satyawati Tondon, it
    appears that the High Courts have continued to exercise its
    writ jurisdiction under Article 226 ignoring the statutory
    remedies under the RDBFI Act and the SARFAESI Act."
    30. It can thus be seen that it is more than a settled legal
    position of law that in such matters, the High Court should not
    entertain a petition under Article 226 of the Constitution
    particularly when an alternative statutory remedy is available.
    ***
    

    37. It could thus clearly be seen that the Court has carved out
    certain exceptions when a petition under Article 226 of the
    Constitution could be entertained in spite of availability of an
    alternative remedy. Some of them are thus:

    (i) where the statutory authority has not acted in accordance
    with the provisions of the enactment in question;

    (ii) it has acted in defiance of the fundamental principles of
    judicial procedure;

    (iii) it has resorted to invoke the provisions which are
    repealed; and

    (iv) when an order has been passed in total violation of the
    principles of natural justice.

    38. It has however been clarified that the High Court will not
    entertain a petition under Article 226 of the Constitution if an
    effective alternative remedy is available to the aggrieved
    person or the statute under which the action complained of
    has been taken itself contains a mechanism for redressal of
    Page 7 of 10

    SPONSORED

    grievance.

    ***

    41. While dismissing the writ petition, we will have to remind
    the High Courts of the following words of this Court in
    Satyawati Tondon since we have come across various
    matters wherein the High Courts have been entertaining
    petitions arising out of the DRT Act and the SARFAESI Act in
    spite of availability of an effective alternative remedy : (SCC
    p. 128, para 55) “55. It is a matter of serious concern that
    despite repeated pronouncement of this Court, the High
    Courts continue to ignore the availability of statutory remedies
    under the DRT Act and the SARFAESI Act and exercise
    jurisdiction under Article 226 for passing orders which have
    serious adverse impact on the right of banks and other
    financial institutions to recover their dues. We hope and trust
    that in future the High Courts will exercise their discretion in
    such matters with greater caution, care and circumspection.”

    42. In the result, we pass the following order:

    (i) The appeal is allowed;

    (ii) The impugned order dated 4-2-2022 passed by the High
    Court in M.V. Ramana Rao v. UCO Bank [M.V. Ramana Rao
    v. UCO Bank, 2022 SCC OnLine TS 3479] is quashed and
    set aside; and

    (iii) Writ Petition No. 5275 of 2021 is dismissed with costs
    quantified at Rs 1,00,000 imposed upon the borrower.””

    9. Hon‟ble the Supreme Court again in case of Celir LLP Vs. Bafna

    Motors (Mumbai) (P) Ltd. has reiterated that the High Courts should

    ordinarily refrain from exercising their writ jurisdiction where effective

    and efficacious statutory remedies exist, particularly under specialized

    legislations such as the SARFAESI Act and the RDB Act. Entertaining

    writ petitions without exhaustion of such remedies not only frustrates

    the legislative intent but also adversely impacts the recovery rights of

    banks and financial institutions. Hon’ble the Supreme Court has held

    as under:-

    “97. This Court has time and again, reminded the High Courts
    that they should not entertain petition under Article 226 of the
    Constitution if an effective remedy is available to the aggrieved
    person under the provisions of the SARFAESI Act. This Court in
    Page 8 of 10

    United Bank of India v. Satyawati Tondon, (2010) 8 SCC 110
    made the following observations: (SCC pp. 123 & 128, paras
    43-45 & 55) “43. Unfortunately, the High Court [Satyawati
    Tondon v. State of U.P., 2009 SCC OnLine All 2608] overlooked
    the settled law that the High Court will ordinarily not entertain a
    petition under Article 226 of the Constitution if an effective
    remedy is available to the aggrieved person and that this rule
    applies with greater rigour in matters involving recovery of taxes,
    cess, fees, other types of public money and the dues of banks
    and other financial institutions. In our view, while dealing with
    the petitions involving challenge to the action taken for recovery
    of the public dues, etc. the High Court must keep in mind that
    the legislations enacted by Parliament and State Legislatures
    for recovery of such dues are a code unto themselves inasmuch
    as they not only contain comprehensive procedure for recovery
    of the dues but also envisage constitution of quasi-judicial
    bodies for redressal 2023 SCC OnLine SC 1209. of the
    grievance of any aggrieved person. Therefore, in all such cases,
    the High Court must insist that before availing remedy under
    Article 226 of the Constitution, a person must exhaust the
    remedies available under the relevant statute.

    44. While expressing the aforesaid view, we are conscious that
    the powers conferred upon the High Court under Article 226 of
    the Constitution to issue to any person or authority, including in
    appropriate cases, any Government, directions, orders or writs
    including the five prerogative writs for the enforcement of any of
    the rights conferred by Part III or for any other purpose are very
    wide and there is no express limitation on exercise of that power
    but, at the same time, we cannot be oblivious of the rules of
    self- imposed restraint evolved by this Court, which every High
    Court is bound to keep in view while exercising power under
    Article 226 of the Constitution.

    45. It is true that the rule of exhaustion of alternative remedy is a
    rule of discretion and not one of compulsion, but it is difficult to
    fathom any reason why the High Court should entertain a
    petition filed under Article 226 of the Constitution and pass
    interim order ignoring the fact that the petitioner can avail
    effective alternative remedy by filing application, appeal,
    revision, etc. and the particular legislation contains a detailed
    mechanism for redressal of his grievance.

    ***

    55. It is a matter of serious concern that despite repeated
    pronouncement of this Court, the High Courts continue to ignore
    the availability of statutory remedies under the DRT Act and the
    SARFAESI Act and exercise jurisdiction under Article 226 for
    Page 9 of 10

    passing orders which have serious adverse impact on the right
    of banks and other financial institutions to recover their dues.
    We hope and trust that in future the High Courts will exercise
    their discretion in such matters with greater caution, care and
    circumspection.”

    100. In Varimadugu Obi Reddy v. B. Sreenivasulu, (2023) 2
    SCC 168, it was held as under: (SCC p. 183, para 36) “36. In
    the instant case, although the respondent borrowers initially
    approached the Debts Recovery Tribunal by filing an application
    under Section 17 of the SARFAESI Act, 2002, but the order of
    the Tribunal indeed was appealable under Section 18 of the Act
    subject to the compliance of condition of pre-deposit and without
    exhausting the statutory remedy of appeal, the respondent
    borrowers approached the High Court by filing the writ
    application under Article 226 of the Constitution. We deprecate
    such practice of entertaining the writ application by the High
    Court in exercise of jurisdiction under Article 226 of the
    Constitution without exhausting the alternative statutory remedy
    available under the law. This circuitous route appears to have
    been adopted to avoid the condition of pre-deposit
    contemplated under the second proviso to Section 18 of the
    2002 Act.”

    101. More than a decade back, this Court had expressed
    serious concern despite its repeated pronouncements in regard
    to the High Courts ignoring the availability of statutory remedies
    under the RDBFI Act and the SARFAESI Act and exercise of
    jurisdiction under Article 226 of the Constitution. Even after, the
    decision of this Court in United Bank of India v. Satyawati
    Tondon
    , (2010) 8 SCC 110, it appears that the High Courts have
    continued to exercise its writ jurisdiction under Article 226
    ignoring the statutory remedies under the RDBFI Act and the
    SARFAESI Act.”

    10. From perusal of record, it is quite vivid that respondent No.1 / Central

    Bank of India has already preferred an original application bearing

    O.A. No.684/2025 before the Tribunal, wherein the respondent Nos. 3

    and 4 (borrower) and petitioner (guarantor) are parties and the

    proceedings have already started and it is well-settled provision of law

    that once the proceedings under the Debt Recovery Tribunal has

    commenced, the writ petition under Article of 226 of the Constitution of

    India cannot be entertained by the High Court in view of the alternative
    Page 10 of 10

    and efficacious remedy available to the petitioner as held by Hon’ble

    the Supreme Court as aforestated.

    11. Considering the facts and circumstances of the case, the law laid

    down by Hon’ble the Supreme Court as aforestated and also the fact

    that the petitioner has alternate and efficacious remedy, I am of the

    view that the instant petition is not maintainable at this stage.

    12. Accordingly, the present writ petition is dismissed as not

    maintainable.

    Sd/-

    (Narendra Kumar Vyas)
    Judge

    Akhil



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