https://www.taxtmi.com/caselaws?id=292857 Writ interference in SARFAESI recovery proceedings is ordinarily unwarranted where an effective statutory alternate remedy exists, and interim protection that stalls recovery should not be granted casually because it may prejudice secured creditors and public funds. Applying these settled principles, the text notes that no exceptional circumstance justified continuing the writ court's interim stay, and the stay of recovery proceedings was vacated. en-us Fri, 14 Feb 2020 00:00:00 +0530 Sat, 09 Jan 2021 20:29:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=292857 Writ interference in SARFAESI recovery proceedings is ordinarily unwarranted where an effective statutory alternate remedy exists, and interim protection that stalls recovery should not be granted casually because it may prejudice secured creditors and public funds. Applying these settled principles, the text notes that no exceptional circumstance justified continuing the writ court's interim stay, and the stay of recovery proceedings was vacated. Case-Laws Indian Laws Fri, 14 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=292857