Bombay High CourtWP/383/2020dismissed

M/S. Shree Associates Through Partners And ORS v. The Vishweshwar Sahakari Bank Limited Through Authorised Officer And ORS

2020-01-09Hon'Ble The Chief Justice,Hon'Ble Smt. Justice Bharati Dangre1 pages

1/1 902 WPST 31855-19.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CIVIL APPELLATE JURISDICTION WRIT PETITION ST NO. 31855 OF 2019 M/s.Shree Associates through Partners and ors .. Petitioners

Versus

The Vishweshwar Sahakari Bank Ltd through Authorised Officer & Ors .. Respondents ...

Mr. Vishal S. Tambe with Mr.Vijay V. Chandavale for the petitioners.

Mr.Kewal Arya for respondent nos.1 and 2.

CORAM: PRADEEP NANDRAJOG, C.J.

AND BHARATI DANGRE, J.

DATED : 9th JANUARY, 2020.

P.C:- The petitioner questioned a measure adopted under Section 14 of the SARFAESI Act, 2002. The petitioner has an efficacious alternative remedy under Section 17 of the SARFAESI Act, 2002 by filing an application before the learned Debt Recovery Tribunal. Relegating the petitioner to the remedy before DRT, the instant petition is dismissed. SMT. BHARATI DANGRE, J CHIEF JUSTICE Tilak