https://www.taxtmi.com/caselaws?id=349601 Writ jurisdiction under Article 226 is ordinarily not exercised where the SARFAESI Act provides an equally efficacious statutory remedy. After classification of the account as an NPA and action under Section 13(2) and Section 13(4), the borrower may challenge the secured creditor's measures before the Debts Recovery Tribunal under Section 17(1), with a further appeal under Section 18. Because the Tribunal can examine compliance with the Act and Rules, the statutory forum is the appropriate remedy. The writ petition was therefore not maintainable, and the petitioner was relegated to the Section 17(1) remedy. en-us Wed, 11 Oct 2017 00:00:00 +0530 Wed, 18 Oct 2017 10:58:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349601 Writ jurisdiction under Article 226 is ordinarily not exercised where the SARFAESI Act provides an equally efficacious statutory remedy. After classification of the account as an NPA and action under Section 13(2) and Section 13(4), the borrower may challenge the secured creditor's measures before the Debts Recovery Tribunal under Section 17(1), with a further appeal under Section 18. Because the Tribunal can examine compliance with the Act and Rules, the statutory forum is the appropriate remedy. The writ petition was therefore not maintainable, and the petitioner was relegated to the Section 17(1) remedy. Case-Laws Indian Laws Wed, 11 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349601