D. Mallikarjuna Reddy, v. Andhra Bank
Case brief
What is this about?
The Court dismissed a writ petition filed under Article 226 of the Constitution of India, holding that an efficacious alternative remedy existed under Section 17 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
What did the court decide?
Writ Petition dismissed with no costs; leave to pursue alternative remedy under Section 17, SARFAESI Act.