https://www.taxtmi.com/caselaws?id=300833 A direct writ challenge to a SARFAESI sale certificate was held not maintainable where the borrower had not first exhausted the statutory remedy under Section 17 before the Debts Recovery Tribunal. The court reiterated that measures taken in SARFAESI recovery proceedings are ordinarily to be challenged through the Act's specialised remedy, and writ jurisdiction under Article 226 should not be invoked as a first resort when an efficacious alternative remedy is available. The challenge to the sale certificate was therefore rejected. en-us Mon, 11 Mar 2019 00:00:00 +0530 Sun, 27 Feb 2022 20:35:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300833 A direct writ challenge to a SARFAESI sale certificate was held not maintainable where the borrower had not first exhausted the statutory remedy under Section 17 before the Debts Recovery Tribunal. The court reiterated that measures taken in SARFAESI recovery proceedings are ordinarily to be challenged through the Act's specialised remedy, and writ jurisdiction under Article 226 should not be invoked as a first resort when an efficacious alternative remedy is available. The challenge to the sale certificate was therefore rejected. Case-Laws Insolvency and Bankruptcy Mon, 11 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300833