Magistrate order under Section 14 SARFAESI Act cannot be quashed by High Court under Section 482 CrPC: Supreme Court

The Supreme Court on Thursday held that a magistrate's order under Section 14 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 (SARFAESI Act) cannot be quashed by High Courts under Section 482 of the Code of Criminal Procedure (CrPC). [MS Phoenix Arc Private Limited v. V Ganesh Murthy and Another]