Dismissed
Smt Yasmeen And Another v. Icici Bank Limited
Case brief
AI extract
What is this about?
The High Court dismissed an appeal filed under section 18 of the SARFAESI Act against the rejection of an interim stay. Since a securitization application was pending before the Tribunal, the Court held that the remedy lies in filing an appropriate application there, which the Tribunal must decide expeditiously. The appeal was consequently disposed off.
What did the court decide?
The appeal was disposed off; the appellant is directed to file an appropriate application before the Tribunal for redressal.