Shri. Kishor Devidas Kinare v. Phoenix Arc Pvt. Ltd. And ORS.

20-WPST-12460-2019.DOC jsn

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION WRIT PETITION (ST.) NO.12460 OF 2019 Mr. Kishor Devidas Kinare ... Petitioners V/s.

Phoenix Arc Private Ltd. & Ors.

... Respondents Mr. Vijay V. Chandavale for the Petitioners.

Mr. Sanjay Anabhawane i/b M & S Legal Partners for Respondent Bank.

CORAM:

A.A.SAYED & R. I. CHAGLA, JJ.

DATE:

30TH APRIL, 2019.

PC:- 1.

The Petitioner is essentially challenging the measures taken by the Respondent No.1 under the SARFAESI Act. The Petitioner has an efficacious alternate remedy before the DRT. In the circumstances, we decline to entertain the Petition. 2.

The Petition is dismissed with liberty to the Petitioner to resort to the alternate remedy.

( R. I. CHAGLA, J. ) (A.A.SAYED, J.) 1/1