Disposed
M/S. Aditi Autombiles through Its Proprietor and Ors. v. Greater Bombay Co-Op. Bank Ltd. and Ors.
Bombay HCWP/9911/2024
Case brief
AI extract
What is this about?
High Court disposed of two writ petitions challenging notices for handover of property, noting that Debts Recovery Tribunal proceedings under the SARFAESI Act were pending and coercive action would be stayed.
What did the court decide?
No coercive steps to be taken by the Bank till the Securitization Applications are decided by the Debts Recovery Tribunal; both writ petitions disposed of.