Disposed¶¶15
Mohd Raza Sayyed Director M/S Crp Technologies(I) Ltd. (Guarantor) v. State Bank of India
Bombay HCWP/18261/2024
Case brief
AI extract
What is this about?
SARFAESI Section 14; Chief Judicial Magistrate Thane order 19.08.2024; alternate remedy Debts Recovery Tribunal; writ petition not entertained/disposed; State Bank of India; settlement of dues per prevailing policy; Bombay High Court 03.01.2025; WP 18261/2024.
What did the court decide?
Writ petition disposed of as not entertained, with liberty to the petitioner to approach the Debts Recovery Tribunal; all points raised kept open; petitioner free to approach the Bank with a settlement/settlement-of-dues proposal to be considered per prevailing policy. ¶¶15