Federal Bank Ltd. v. Peeyar Exporters

Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 – Sections 34 and 35 – Consumer Protection Act, 2019 Whether the Consumer Disputes Redressal Commission could issue an interim order prohibiting coercive actions under the SARFAESI Act ? Held, When a statue ousts courts and other authorities from granting injunctions in respect of a particular matter, orders issued flouting the said provision would certainly be vitiated by excessive exercise of jurisdiction, and according to me, it is the duty of the High Court to ensure that courts and authorities do not exercise such powers.