Dismissed
M/S Shayaka Industries v. Punjab National Bank and Ors.
Punjab & Haryana HCCWP/20429/2012
Case brief
AI extract
What is this about?
Petitioner filed a writ petition challenging notices under Section 13(2) of SARFAESI Act 2002 seeking discharge and rescheduling of loan. Court dismissed the petition as withdrawn with liberty to approach the bank.
What did the court decide?
Petition dismissed as withdrawn with liberty to the petitioner to approach the respondent Bank for alternate remedy.