M/S Tansimi Educational Society v. Punjab National Bank And ANR

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IN THE HIGH COURT OF DELHI AT NEW DELHI

+ W.P.(C) 3516/2017 & CM Appl. Nos. 15357-58/2017 M/S TANSIMI EDUCATIONAL SOCIETY ..... Petitioner Through Mrs. Priti Issar, President of the petitioner versus PUNJAB NATIONAL BANK AND ANR ..... Respondents Through Mr. Pallav Saxena and Ms. Bindu Das, Advs. for respondent no. 1

CORAM:

HON'BLE MR. JUSTICE A.K. PATHAK

O R D E R

% 28.04.2017 In view of the alternative remedy available to the petitioner under Section 17(1) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, I am not inclined to entertain this writ petition whereby sale, conducted by the respondent no. 1 of the mortgaged assets, is sought to be challenged. Writ petition is dismissed. Miscellaneous applications are disposed of as infructuous.

A.K. PATHAK, J.

APRIL 28, 2017 rb