https://www.taxtmi.com/caselaws?id=339257 Writ jurisdiction was held inappropriate where SARFAESI measures had been taken and an efficacious statutory remedy under Section 17 was available before the Debts Recovery Tribunal. The Tribunal's remedy covers examination of the legality of measures under Section 13(4), reception of evidence, and restoration of possession if the secured creditor's action is found unlawful. Applying the settled alternative-remedy principle, the court relegated the petitioners to the statutory forum and noted that it had not examined the merits of the NPA classification, which could still be raised before the Tribunal. en-us Thu, 16 Feb 2017 00:00:00 +0530 Thu, 23 Feb 2017 05:51:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339257 Writ jurisdiction was held inappropriate where SARFAESI measures had been taken and an efficacious statutory remedy under Section 17 was available before the Debts Recovery Tribunal. The Tribunal's remedy covers examination of the legality of measures under Section 13(4), reception of evidence, and restoration of possession if the secured creditor's action is found unlawful. Applying the settled alternative-remedy principle, the court relegated the petitioners to the statutory forum and noted that it had not examined the merits of the NPA classification, which could still be raised before the Tribunal. Case-Laws Indian Laws Thu, 16 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339257