Seema Malhotra v. Reserve Bank Of India And ORS

IN THE HIGH COURT OF PUNJAB AND HARYANA

AT CHANDIGARH CWP No.4009 of 2022(O&M) Date of decision: 07.03.2022 Seema Malhotra .... Petitioner

Versus

Reserve Bank of India and others .... Respondents CORAM: HON'BLE MR. JUSTICE M.S. RAMACHANDRA RAO HON'BLE MR. JUSTICE H. S. MADAAN Present :

Mr. Akhilesh Vyas, Advocate for the petitioner. Mr. Nitin Jain, Advocate and Mr. Jatin Bansal, Advocate for respondents No.2 and 3.

**** M.S. RAMACHANDRA RAO, J. (oral) The petitioner has an effective alternative remedy under Section 17 of the SARFAESI Act, 2002, before the Recovery Tribunal having jurisdiction with regard to the subject matter of the writ petition. This writ petition is dismissed granting liberty to the petitioner to avail such alternate remedy.

(M.S. RAMACHANDRA RAO) JUDGE March 07, 2022 rimpal (H. S.MADAAN) JUDGE Whether speaking/reasoned:

Yes/No.

Whether reportable :

Yes/No RIMPAL RANI 2022.03.10 09:49 I attest to the accuracy and integrity of this document