Smt. Tara Devi v. The Branch Manager, Bank of Baroda
Case brief
What is this about?
This court dismissed a writ application challenging the Debts Recovery Tribunal's refusal to condone a one-year delay in filing a securitization application under the SARFAESI Act, upholding the Tribunal's finding that the petitioners failed to show sufficient cause for the delay. The writ was further dismissed on grounds of adequate alternative remedy.
What did the court decide?
The writ application is dismissed as it pertains to a limitation matter where the impugned order cannot be interfered, and the adequate alternative remedy exists.