Jownder Singh Sethi v. Tata Capital Financial Services Ltd.
Case brief
What is this about?
Bombay High Court, Writ Petition No. 699 of 2025, decided 7 March 2025; petitioners Jowender Singh Sethi and Others challenged an order passed under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 against respondent Tata Capital Financial Services Ltd.; Court held it was not inclined to entertain the writ petition because the remedy of approaching the Debts Recovery Tribunal was available; all points raised kept open; petition disposed of as not entertained; counsel for respondent undertook to file Vakalatnama within one week. Keywords: SARFAESI Act 2002; Section 14; alternative remedy; Debts Recovery Tribunal; maintainability of writ petition; not entertained.
What did the court decide?
The Court declined to entertain the writ petition since the remedy of approaching the Debts Recovery Tribunal is available; all points raised were kept open.