Hi-Point Investment and Finance Pvt. Ltd. & Anr. v. Ifci Ltd.
Case brief
What is this about?
This court dismissed writ petitions impugning Recovery Officer orders relating to recovery certificates. The petitioners waived the statutory appeal before the Debt Recovery Appellate Tribunal by citing the remedy as improper and burdensome without elaboration.
What did the court decide?
Writ petitions dismissed; petitioners directed to avail statutory remedy under Section 20 of RDDBFA.