M/S Safeguard Contraceptives Pvt Ltd Through Its Director And Another v. The State Bank Of India Through Its Chief Manager And Principal Officer And Others

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

BENCH AT AURANGABAD.

25 WRIT PETITION NO. 10268 OF 2016 M/S SAFEGUARD CONTRACEPTIVES PVT LTD THROUGH ITS DIRECTOR AND ANOTHER

VERSUS

THE STATE BANK OF INDIA THROUGH ITS CHIEF MANAGER AND PRINCIPAL OFFICER AND OTHERS ...

Advocate for Petitioners : Mr. S.V. Natu AGP for Respondents:Mr. A.S. Shinde Advocate for Respondent No.1 :Mrs. Neha kamble h/f Mr. S.V.Adwant ...

CORAM : R. M. BORDE & P.R. BORA, JJ.

Date: March 15, 2017 ...

PER COURT :- The petitioner has already availed the remedies provided under the Securitisation & Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002 (SARFAESI Act) for redressal of his grievances. It would be open for the petitioner to raise the grounds permissible under law before the alternate forum. In exercise of extraordinary jurisdiction under article 226 of the Constitution of India, no interference is called for.

Petition stands dismissed. No costs.

( P.R. BORA, J. ) ( R. M. BORDE, J. ) vbd