Secured Creditor Can Seek Physical Possession Of Immovable Property U/S 14 Of SARFAESI Act Even After Sale: Calcutta High Court

In a significant ruling on September 9, 2025, the Calcutta High Court bench comprising Justice Debangsu Basak and Justice Md. Shabbar Rashidi dealt with the rights of a purchaser under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). The case revolved around the issue of whether a secured creditor such as the State Bank of India (SBI) can seek physical possession of…