Bombay High Court Dismisses Tenant's Petition Challenging Eviction in SARFAESI Proceedings — Tenancy Agreement Found Not Genuine and Not Binding on Bank. The court upheld the Chief Metropolitan Magistrate's order allowing the bank to take possession of secured assets under Rule 107(11)(vi)(a) of the Maharashtra Co-operative Societies Rules, 1961, as the tenant failed to prove a bonafide tenancy prior to the mortgage.
22 Feb 2018The petitioner, Amit Mohan Bhatia, claiming to be a tenant of a property attached by Maratha Sahkari Bank Ltd., filed an intervention application (Exh...




