Maharashtra State Financial Corporation v. M/S. Hotel Mayfair Pvt. Ltd.
Case brief
What is this about?
The High Court of Judicature at Bombay disposed of multiple review petitions filed by the Maharashtra State Financial Corporation. The court held that the alternative remedy of approaching the Recovery Appellate Tribunal was available to the aggrieved party.
What did the court decide?
Review petitions disposed keeping all points open; no costs awarded.