The High Court dismissed the writ petition challenging the Debts Recovery Tribunal-II order citing the existence of an alternative remedy under the Recovery of Debts due to Banks and Financial Institutions Act, 1993, and disposed of the petition without costs.
Writ Petition dismissed with liberty to avail alternative remedy; no order as to costs.
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THE HON'BLE SRI JUSTICE A.V.SESHA SAI
&
THE HON'BLE SRI JUSTICE M.GANGA RAO
WRIT PETITION No.19445 of 2019
ORDER : ( per the Hon’ble Sri Justice A.V.Sesha Sai)
The order, dated 14.03.2017, passed by the Debts Recovery Tribunal-II, Hyderabad in O.A.No.321 of 2017, is under challenge in the present Writ Petition.
Having regard to the alternative remedy available to the petitioners herein, under the Recovery of Debts due to Banks and Financial Institutions Act, 1993, this Court is not inclined to entertain the present Writ Petition.
Accordingly, with liberty to the petitioners herein to avail the alternative remedy, in accordance with law, this Writ Petition stands disposed of. There shall be no order as to costs.
As a sequel thereto, miscellaneous petitions, if any pending, in the Writ Petition, shall stand closed.
__________________ A.V.SESHA SAI,J
___________________ M.GANGA RAO, J
03rd December, 2019. Tsy
1 issue framed by the court
Whether the Hon'ble Court should entertain the Writ Petition challenging the OT order in view of the existence of alternative remedy under RDBFI Act, 1993.
1 provisions across 1 enactments
Petitioners
Debts Recovery Tribunal-II, Hyderabad
A.V.Sesha Sai
M.Ganga Rao
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
