Disposed
Vendra Sriramulu, v. The Axis Bank
Telangana HCWP/31197/2012
Case brief
AI extract
What is this about?
The Acting Chief Justice and a Justice disposed of this writ petition challenging possession taken by the respondent Bank under S.13(4) of the SARFAESI Act. The court granted liberty to the petitioner to apply to the Bank in terms of S.13(3)(A) for a reasoned decision.
What did the court decide?
Liberty granted to the petitioner to apply to the Bank in terms of Sec.13(3)(A) of the Act, with the Bank directed to pass a reasoned order.