Dismissed
M/S Nagma Bangle Store and Another v. State of U.P. and 2 Others
Allahabad HCWRIC/5291/2019
Case brief
AI extract
What is this about?
The High Court dismissed a writ petition challenging a possession order under the SARFAESI Act. Relying on the Apex Court's view in Siddeshwara Co-operative Bank Ltd, the Court held that the Debt Recovery Tribunal appeal provided an adequate remedy, excluding the writ jurisdiction under Article 226.
What did the court decide?
Writ petition dismissed as the petitioner is required to approach the Debt Recovery Tribunal under Section 17 of the SARFAESI Act.