Disposed
Chandrakant Keshav Palav v. State Bank of Patiala and Anr.
Bombay HCWP/1979/2015
Case brief
AI extract
What is this about?
In this writ petition challenging the bank's demand notice under Section 13(2) of the SARFAESI Act, the court held such notices are not subject to writ jurisdiction under Article 226. The court vacated the interim order and directed the bank to consider the petitioner's one-time settlement application under RBI guidelines within four weeks.
What did the court decide?
Writ petition disposed of by directing Respondent No. 1 to consider the Petitioner's case of one time settlement under RBI guidelines within 4 weeks and communicate the decision; Interim order vacated