https://www.taxtmi.com/caselaws?id=148292 A secured creditor may enforce security against a guarantor without first exhausting remedies against the borrower, because the guarantor's liability is co-extensive with that of the principal debtor unless the contract provides otherwise. The SARFAESI framework permits action under Sections 13(2), 13(4) and 14 for recovery of secured debt, so the challenge to enforcement against the guarantor failed. Writ jurisdiction under Article 226 should ordinarily not be invoked where the Act provides an efficacious statutory remedy under Sections 17 and 18, with civil court interference barred by Sections 34 and 35. The writ petition ought not to have been entertained and the interim restraint was unsustainable. en-us Mon, 26 Jul 2010 00:00:00 +0530 Thu, 28 Aug 2025 14:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=148292 A secured creditor may enforce security against a guarantor without first exhausting remedies against the borrower, because the guarantor's liability is co-extensive with that of the principal debtor unless the contract provides otherwise. The SARFAESI framework permits action under Sections 13(2), 13(4) and 14 for recovery of secured debt, so the challenge to enforcement against the guarantor failed. Writ jurisdiction under Article 226 should ordinarily not be invoked where the Act provides an efficacious statutory remedy under Sections 17 and 18, with civil court interference barred by Sections 34 and 35. The writ petition ought not to have been entertained and the interim restraint was unsustainable. Case-Laws Indian Laws Mon, 26 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=148292