Dismissed
M/s.Thunder Bowl Bowling Alley and Fast Food Centre, v. The Union of India, Rep. by its Secretary
Telangana HCWP/14567/2003
Case brief
AI extract
What is this about?
The High Court dismissed the writ petition challenging the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, holding that the Supreme Court's decision in Mardia Chemicals Ltd. v. Union of India upholds the Act's validity, rendering further adjudication unnecessary.
What did the court decide?
Petitioner liberty to approach Debts Recovery Tribunal via appeal under Section 17 of the 2002 Act without limitation plea.