Chandan Enterprises v. Cholamandalam Investment and Finance Company Ltd.
Case brief
What is this about?
The appellant appealed an interim order under Section 18 of the SARFAESI Act. The court held that since the securitisation application is pending before the Tribunal, the appellant has a remedy open and disposed of the appeal.
What did the court decide?
The appeal was finally disposed of without further adjudication as the remedy lies before the Tribunal for pending applications.