https://www.taxtmi.com/caselaws?id=459251 The HC dismissed the writ petition challenging the AAIFR order, finding it meritless and an attempt to evade financial obligations to CBI. The court emphasized the binding nature of the DRT judgment, which confirmed CBI's second charge on the land. It noted the delay in filing and lack of substantive arguments, asserting that BIFR cannot assess SARFAESI Act measures. The petitioner's failure to challenge the DRT judgment and the absence of CBI's representation were highlighted, resulting in the dismissal of both the writ petition and the associated application. en-us Mon, 30 May 2011 00:00:00 +0530 Fri, 06 Dec 2024 14:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459251 The HC dismissed the writ petition challenging the AAIFR order, finding it meritless and an attempt to evade financial obligations to CBI. The court emphasized the binding nature of the DRT judgment, which confirmed CBI's second charge on the land. It noted the delay in filing and lack of substantive arguments, asserting that BIFR cannot assess SARFAESI Act measures. The petitioner's failure to challenge the DRT judgment and the absence of CBI's representation were highlighted, resulting in the dismissal of both the writ petition and the associated application. Case-Laws Indian Laws Mon, 30 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459251