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High Court of Punjab and HaryanaLPA/2454/2016allowed

The Kapurthala Jalandhar Self Supporting Coop Cold Store Ltd & ORS v. State Of Punjab & ORS

2023-01-18Mr. Justice Gurmeet Singh Sandhawalia,Ms. Justice Harpreet Kaur Jeewan5 pages



     

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27. It is a matter of serious concern that despite repeated pronouncement of this Court, the High Courts continue to ignore the availability of statutory remedies under the DRT Act and SARFAESI Act and exercise jurisdiction under Article 226 for passing orders which have serious adverse impact on the right of banks and other financial institutions to recover their dues. We hope and trust that in future the High Courts will exercise their discretion in such matters with greater caution, care and circumspection.H  ( ((  &( &    !

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