Rehan Enterprises v. State of U.P. and 3 Others
Case brief
What is this about?
The High Court of Judicature at Allahabad dismissed a writ petition filed by Rehan Enterprises against a bank. The court noted that the property in question had already been sold and a sale certificate issued. No interference was warranted as the petitioner was advised to avail remedies under the SARFAESI Act.
What did the court decide?
Writ petition dismissed; petitioner advised to avail remedies under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.