https://www.taxtmi.com/caselaws?id=380783 Interference under Articles 226 and 227 was held unwarranted for quashing notices issued under Section 13(2) of the SARFAESI Act. The Court noted that a cheque for Rs. 30 lakhs had been produced, settlement discussions were underway, and the petitioners did not dispute dishonour of the cheque due to default of petitioner No. 1. On that record, the petitioners' bona fides were found lacking and no ground was made out for exercise of extraordinary writ jurisdiction. The writ petition was dismissed. en-us Mon, 04 Feb 2019 00:00:00 +0530 Wed, 29 May 2019 06:57:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380783 Interference under Articles 226 and 227 was held unwarranted for quashing notices issued under Section 13(2) of the SARFAESI Act. The Court noted that a cheque for Rs. 30 lakhs had been produced, settlement discussions were underway, and the petitioners did not dispute dishonour of the cheque due to default of petitioner No. 1. On that record, the petitioners' bona fides were found lacking and no ground was made out for exercise of extraordinary writ jurisdiction. The writ petition was dismissed. Case-Laws Indian Laws Mon, 04 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380783