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Home Banking

Sarfaesi Act, S. 17 – Invocation of the writ jurisdiction during pendency of application/ appeal under section 17 amounts to pursuing the writ remedy as a parallel remedy

by Punjab Law Reporter
March 27, 2022
in Banking
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Constitution of India, Art. 226  – Sarfaesi Act, S. 17  –  Invocation of the writ jurisdiction during pendency of application/ appeal under section 17 amounts to pursuing the writ remedy as a parallel remedy –  Such a course of action is ordinarily not permissible – Since the SARFAESI Act provides a remedy which is being pursued, this writ petition ought not to be entertained.

CA. MANISHA MEHTA v. ICICI BANK , 2022 SCeJ 0360

Tags: Alternate remedy under SarfaesiSarfaesi S. 14Sarfaesi S. 17
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