https://www.taxtmi.com/caselaws?id=761497 SARFAESI objections concerning statutory notice compliance, sale proclamation, the alleged agricultural character of mortgaged property, and the effect of an approved insolvency resolution plan should be pursued before the Debt Recovery Tribunal when an effective securitisation application is already pending there. The High Court did not entertain the writ petitions on merits, deferring to the specialised statutory forum to determine the borrowers' objections in accordance with law. Writ jurisdiction will ordinarily not be invoked where the Debt Recovery Tribunal provides an efficacious forum for adjudicating challenges to SARFAESI enforcement measures. en-us Wed, 06 Nov 2024 00:00:00 +0530 Mon, 11 Nov 2024 10:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761497 SARFAESI objections concerning statutory notice compliance, sale proclamation, the alleged agricultural character of mortgaged property, and the effect of an approved insolvency resolution plan should be pursued before the Debt Recovery Tribunal when an effective securitisation application is already pending there. The High Court did not entertain the writ petitions on merits, deferring to the specialised statutory forum to determine the borrowers' objections in accordance with law. Writ jurisdiction will ordinarily not be invoked where the Debt Recovery Tribunal provides an efficacious forum for adjudicating challenges to SARFAESI enforcement measures. Case-Laws IBC Wed, 06 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761497