Dismissed
M/S Prakash Corrugated Products Thr Its Proprietor Mr Rakesh Agarwal and Anr. v. Union Bank of India Thr Its Chief Manager and 4 Ors.
Bombay HCWP/30/2026
Case brief
AI extract
What is this about?
The Single Judge of the High Court of Bombay at Goa held that the writ petition seeking direction to adjust amounts paid to the Bank was not maintainable as the SARFAESI Act provided a clear alternate remedy before the Debts Recovery Tribunal.
What did the court decide?
Writ petition rejected on ground of non-maintainability as alternate remedy under Section 17 of the SARFAESI Act is available.