P. Jona, v. State Bank of India
Case brief
What is this about?
The Court dismissed a writ petition challenging a Section 13(2) notice under the SARFAESI Act. The petition was not maintained as the proper procedure is to file a reply under Section 13(3A) and challenge subsequent coercion measures under Section 13(4).
What did the court decide?
Petitioner is given liberty to approach the Court upon passage of an order under Section 13(3A) and taking of any measure under Section 13(4). Writ petition dismissed; miscellaneous petitions pending