Dismissed
M/S. Mediheights Healthcare Pvt. Ltd. and Ors. v. Bassein Catholic Co.Op Bank Ltd. and Anr.
Bombay HCWP/53/2014
Case brief
AI extract
What is this about?
Petitioners challenged bank action to seal hospital premises under SARFAESI Act. Court held an efficacious alternate remedy exists under Section 17 DRT and dismissed the petition, granting liberty to approach DRT. Interim order remained valid for four weeks.
What did the court decide?
Petition disposed with liberty to approach the DRT against the impugned order. Interim order continued for four weeks.