Gopalan v. Indian Overseas Bank
Case brief
What is this about?
The High Court held that the remedy challenging the sale of property offered as security under the Recovery of Debts due to Banks and Financial Institutions Act, 1993, lies in moving the Recovery Officer. The writ petition was disposed of without prejudice to the petitioner's rights.
What did the court decide?
Recovery of Debts due to Banks and Financial Institutions Act, 1993 provisions cited; Writ petition disposed of without prejudice to petitioner's right to move Recovery Officer.