Dismissed
Sri R Shanthanna S/O Ramaiah v. Authorized Officer Canara Bank
Karnataka HCWP/107184/2023
Case brief
AI extract
What is this about?
In a writ petition challenging a sale notice issued by a bank under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, the court held that the petitioner has an existing alternative efficacious remedy under the same Act. Consequently, the writ petition was dismissed.
What did the court decide?
The writ petition praying to quash the sale notice was dismissed.