https://www.taxtmi.com/caselaws?id=761497 Where efficacious objections are already pending before the Debt Recovery Tribunal in SARFAESI enforcement proceedings, the writ court will ordinarily defer to that statutory forum. The article notes that challenges to statutory notice compliance, sale proclamation, the alleged agricultural character of the mortgaged property, and the effect of an approved insolvency resolution plan were all matters for specialised adjudication under the relevant statutory mechanisms. As the securitisation application was already listed for orders, the writ petitions were not entertained on merits and the petitioners were directed to pursue their objections before the Tribunal. 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 Where efficacious objections are already pending before the Debt Recovery Tribunal in SARFAESI enforcement proceedings, the writ court will ordinarily defer to that statutory forum. The article notes that challenges to statutory notice compliance, sale proclamation, the alleged agricultural character of the mortgaged property, and the effect of an approved insolvency resolution plan were all matters for specialised adjudication under the relevant statutory mechanisms. As the securitisation application was already listed for orders, the writ petitions were not entertained on merits and the petitioners were directed to pursue their objections before the Tribunal. Case-Laws IBC Wed, 06 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761497