Dismissed
M/S Oswal Seed Firm & Ors. v. Authorized Officer, State Bank of India Shah Bad Markanda
Punjab & Haryana HCCWP/1235/2014
Case brief
AI extract
What is this about?
The High Court held that the appellate remedy under Section 18 of the SARFAESI Act was available and had not been exhausted. Finding no special circumstances to override this procedural requirement, the court dismissed the writ petition regarding relief from secured assets enforcement, directing the petitioner to avail the appeal.
What did the court decide?
Writ petition dismissed with liberty to avail of the statutory appellate remedy.