Code of Civil Procedure, 1908–Order 7, Rule 11–Securitisation & Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002–Secs. 34, 13(4) & 17–Application for rejection of plaint–Dismissed–Appreciation of–Suit for recovery of money–Respondent-plaintiff was the auction purchaser and was having no lis with the borrower or anybody else claiming rights over the secured assets–Bank forfeited the 25% bid amount deposited by him on account of failure in depositing the remaining bid amount–Dispute was of civil nature which could not have been ousted the jurisdiction of civil Court–Held, application was rightly dismissed.
