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Supreme Court of India 2021-08-17 dismissed

Hemraj Ratnakar Salian vs HDFC Bank Ltd. & Ors

Bench: 2 — S. Abdul Nazeer

In Brief

A tenant claimed protection under the Maharashtra Rent Control Act against a bank's attempt to take possession of a mortgaged property under SARFAESI Act proceedings. The Supreme Court held that a 'tenant-in-sufferance' cannot invoke rent control protections against a secured creditor's actions under SARFAESI Act. Since the tenant's unregistered oral tenancy was created after the mortgage was registered and no registered instrument supported the claim, the tenant had no legal entitlement to possession beyond statutory limits. The Court dismissed the appeal, emphasizing that secured creditors cannot be defeated by post-mortgage tenancy claims lacking proper documentation and the creditor's consent."}]

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Secured Finance SARFAESI Act Tenancy Rent Control Property Law Debt Recovery Secured Creditor Rights

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