Laxmidhar Sahoo v. Ao Cum Chief Manager, Bank of Baroda, Niladrivihar Branch
Case brief
What is this about?
The High Court of Orissa dismissed a writ petition challenging a notice issued under the SARFAESI Act for repayment of a defaulted loan. The Court held that statutory appeal lies against the order and granted liberty to pursue remedies before the appropriate forum.
What did the court decide?
Liberty granted to pursue remedy before appropriate forum; interim protection application permitted.