M/S Harbans Lal Madan Lal v. Reserve Bank Of India And ANR

IN THE HIGH COURT OF PUNJAB AND HARYANA

AT CHANDIGARH ***** CWP No. 19148 of 2022 Date of decision : 29.8.2022 M/s Harbans Lal Madan Lal ......Petitioner Vs.

Reserve Bank of India and another ......Respondents CORAM: HON'BLE MR. JUSTICE M.S. RAMACHANDRA RAO HON'BLE MR. JUSTICE TRIBHUVAN DAHIYA

Present:

Mr. Akhilesh Vyas, Advocate, for the petitioner Mr. Gaurav Goel, Standing Counsel for respondent No.2/IOB --- M.S. RAMACHANDRA RAO , J. (Oral) Since the petitioner has an effective alternative remedy before the Debts Recovery Tribunal under Section 17 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, granting leave to the petitioner to avail the said remedy, we dismiss the present writ petition. No costs.

(M.S. RAMACHANDRA RAO) JUDGE (TRIBHUVAN DAHIYA) JUDGE 29.8.2022 Ashwani Whether Speaking/Reasoned :

Yes/No Whether Reportable :

Yes/No ASHWANI KUMAR 2022.08.30 14:43 I attest to the accuracy and integrity of this document