Shashikant Gole and Anita Shashikant Gole v. LIC Housing Finance Ltd. and 2 Ors.
Case brief
What is this about?
The High Court of Judicature at Bombay dismissed a writ petition by default. The petitioners challenged a possession notice under the SARFAESI Act. The court noted an efficacious alternate remedy before the DRT under Section 17 and dismissed the petition accordingly.
What did the court decide?
The writ petition is dismissed in default as the petitioner has an efficacious alternate remedy before the Debt Recovery Tribunal.