M/S. Shreeram Chemicals v. Indian Bank and Ors.
Case brief
What is this about?
In a writ petition challenging SARFAESI Act proceedings, the court noted the petitioner had not approached the Debts Recovery Tribunal. Noting uncertainty about the limitation period, the court disposed of the petition with liberty to approach the DRT.
What did the court decide?
Writ petition disposed of; liberty granted to petitioner to approach the DRT for appropriate relief.