M/S. Pratham Agro Center v. the Manager
Case brief
What is this about?
SARFAESI Act Section 17 alternate efficacious remedy; writ petition maintainability; Article 226 Article 227; possession notice Sec 13(4) dated 12.12.2023; vacating notice dated 15.06.2024; Canara Bank Bylakuppe Branch; Rikhab Chand Jain vs. Union of India Civil Appeal No.6719/2012; Karnataka High Court GM-DRT; dismissal with liberty to approach appropriate forum; 30-day restraint on coercive steps.
What did the court decide?
Writ petition dismissed; liberty reserved to the petitioner to challenge the impugned notice before the appropriate forum; respondent directed not to take any coercive steps against the petitioner for a period of 30 days; pending I.A.s disposed of accordingly. ¶36