Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
Use comma for multiple locations.
---------------- For section wise search only -----------------
Accuracy Level ~ 90%
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Press 'Enter' after typing page number.
Press 'Enter' after typing page number.
Don't have an account? Register Here
Press 'Enter' after typing page number.
Issues: Whether the writ petition challenging action under the SARFAESI Act was maintainable in view of the statutory appellate remedy under Section 17.
Analysis: The petition assailed measures taken for recovery of dues after notice under Section 13(2) and action under Section 13(4) of the SARFAESI Act. The Court held that the Act provides an efficacious alternative remedy by way of appeal to the Debts Recovery Tribunal against measures taken under Section 13(4). The Court further held that the case did not fall within any exceptional category warranting exercise of writ jurisdiction, since the impugned action was not shown to be without jurisdiction and the dispute was amenable to adjudication before the specialised statutory forum.
Conclusion: The writ petition was not maintainable at this stage and the petitioners were relegated to the alternative remedy under Section 17 of the SARFAESI Act.
Ratio Decidendi: Where an efficacious statutory appeal is available against measures taken under Section 13(4) of the SARFAESI Act, the High Court will ordinarily decline to exercise writ jurisdiction under Article 226 unless a recognised exception is established.