Sachin Lalasaheb Surwase, Prop. Hi Tech Food Products and 2 Others v. Authorised Officer, Corporation Bank and 5 Others
Case brief
What is this about?
Petitioners sought protection from dispossession of immovable property. The Court accepted an undertaking from the Respondent-Bank not to dispossess pending restoration of a dismissed Securitization Application, rendering no interim order necessary and disposed of the writ petition.
What did the court decide?
No interim order granted as the Court accepted an undertaking from the Respondent Bank not to dispossess the Petitioners pending a related SAST proceeding.