Sarfaesi S. 34 – Suit for injunction – Barred.

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (54 of 2002) Section 34 – Petitioner prays for grant of injunction restraining the respondent-Bank from taking physical possession of the properties and selling them – Such a relief would fall within the scope of Section 34 of the 2002 Act and therefore, the Civil Court lacks the jurisdiction to entertain the same.

read here PLRonline 401573