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    <title>2002 (3) TMI 949 - Supreme Court</title>
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    <description>Article 226 writ jurisdiction is wide, but it cannot be used to recast contractual relations between parties. Where the dispute concerned seizure and auction steps under the State Financial Corporations Act, the High Court should have confined itself to the legality of that action. By directing a fresh loan, waiver of balance dues, and waiver of interest, it went beyond the writ challenge and effectively introduced terms of a new contract. The SC held that such relief exceeded jurisdiction and the orders were unsustainable.</description>
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      <description>Article 226 writ jurisdiction is wide, but it cannot be used to recast contractual relations between parties. Where the dispute concerned seizure and auction steps under the State Financial Corporations Act, the High Court should have confined itself to the legality of that action. By directing a fresh loan, waiver of balance dues, and waiver of interest, it went beyond the writ challenge and effectively introduced terms of a new contract. The SC held that such relief exceeded jurisdiction and the orders were unsustainable.</description>
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