https://www.taxtmi.com/caselaws?id=109676 Challenges to the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 were not examined on merits because the same constitutional and statutory issues were already pending before the Supreme Court. To preserve the status quo, the High Court extended to the petitioners the same interim protection granted by the Supreme Court, while noting that the Reserve Bank of India was framing further guidance on the exercise of powers under the Act. The writ petitions were adjourned sine die, with liberty to revive them after the Supreme Court delivers its judgment. en-us Thu, 14 Aug 2003 00:00:00 +0530 Wed, 11 Apr 2012 13:06:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109676 Challenges to the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 were not examined on merits because the same constitutional and statutory issues were already pending before the Supreme Court. To preserve the status quo, the High Court extended to the petitioners the same interim protection granted by the Supreme Court, while noting that the Reserve Bank of India was framing further guidance on the exercise of powers under the Act. The writ petitions were adjourned sine die, with liberty to revive them after the Supreme Court delivers its judgment. Case-Laws Companies Law Thu, 14 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109676