In Brief
In this case, the Supreme Court considered whether a bank that successfully pursued recovery proceedings under the SARFAESI Act against an asset owner could also evict a tenant occupying the secured premises without following prescribed eviction procedures. The Court held that tenants enjoy statutory protections under the Rent Control Act and cannot be arbitrarily evicted through SARFAESI proceedings. Once a tenancy is created, eviction must follow the due legal process prescribed under rental laws. The Court dismissed the bank's appeals but clarified this did not prevent it from pursuing other lawful remedies.
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