Debts Recovery Tribunals and Appellate Tribunals
MCSYS AUTO ANCILLIARIES PVT LTD vs STATE BANK OF INDIA on 12 November 2026
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
R.A(S.A):53/2022
M/S Mcsys Auto Ancilliaries Pvt Ltd & Ors V/S A.O.,State Bank Of India
12/11/2026
It is seen from the Appeals that three SAs have been filed to challenge the Sale Notice dated 16.08.2021 in SA 268/2021, the Sale in SA 350/2021, and the order passed under Section 14 of the SARFAESI Act, 2002 in SA 297/2021.
The Auction Purchaser was impleaded in SA 350/2021 before the Tribunal challenging the sale, but was not impleaded in the other two SAs in SA 268/2021 and SA 297/2021. Even in these Appeals, the Auction Purchasers are not made as parties in two Appeals, in R.A(S.A):51/2022 and R.A(S.A):53/2022 .
The Auction Purchasers are proper and necessary parties for the adjudication of the Appeals on merits, and render a binding adjudication, and to avoid a multiplicity of proceedings. Any order passed in these Appeals against a common order may adversely affect the Auction Purchasers.
Therefore, the Appellants are directed to implead the Auction Purchasers in the other two Appeals as well i.e. in R.A(S.A):51/2022 and R.A(S.A):53/2022.
Post the case on 10.12.2026, for continuation of arguments, under the caption of part heard matters.
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Sd/-
Chairperson