Dismissed
Cholamandalam Investment and Finance Company Ltd. v. Shri Sanjay Awasthi
Case brief
AI extract
What is this about?
The tribunal dismissed an appeal under section 18 of the SARFAESI Act filed by the bank. Noting that the securitization application was still pending before the lower Tribunal, the court held that the appellant had an alternative remedy via an application to the Tribunal for redressal of grievances against the interim order.
What did the court decide?
Appellant directed to file appropriate application before the lower Tribunal for redressal of grievances regarding the interim order.