This writ petition was disposed of after the Court observed that the petitioners have an effective alternative remedy available under Section 17 of the SARFAESI Act, 2002 before the Debt Recovery Tribunal.
Petition disposed; liberty granted to petitioners to avail alternative remedy under Section 17 of the SARFAESI Act, 2002.
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IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH
124 CWP-24507 of 2022 (O&M) Date of decision: 21.10.2022
Neelam Puri and another
...Petitioners
Versus
Punjab and Sind Bank and others
...Respondents
CORAM: HON'BLE MR.JUSTICE M.S. RAMACHANDRA RAO HON'BLE MR.JUSTICE H.S. MADAAN
Present: Mr. Manish Prabhaker, Advocate for the petitioners.
Mr. A.B.S. Sidhu, Advocate for the respondents.
M.S. RAMACHANDRA RAO, J. (Oral)
Since the petitioners have an effective alternative remedy under Section 17 of the SARFAESI Act, 2002 before the Debt Recovery Tribunal, granting liberty to the petitioners to avail the said alternative remedy, this writ petition is disposed of.
(M.S. RAMACHANDRA RAO) JUDGE
(H.S. MADAAN) JUDGE
21.10.2022 sumit.k
| Whether speaking/reasoned : | Yes | No |
|---|---|---|
| Whether Reportable : | Yes | No |
SUMIT KUMAR 2022.10.21 16:09 I attest to the accuracy and authenticity of this document
1 issue framed by the court
Whether an effective alternative remedy exists under Section 17 of the SARFAESI Act, 2002 before the Debt Recovery Tribunal for the petitioners.
1 provisions across 1 enactments
Neelam Puri and another
Punjab and Sind Bank and others
M.S. RAMESH RAO
H.S. MADAAN
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
