sarfaesi – writ – A writ petition had been filed against notice under Section 13 (2) issued by the bank demanding outstanding liabilities and the same was dismissed by the Single Judge holding that a statutory remedy of making representation against such notice is provided under Section 13 (3-A) of the 2002 Act. Division Bench of the High Court dismissed the appeal. Matter having been carried to the Hon'ble Supreme Court it was held that the appellant having availed the statutory remedy of representation as such no interference is called for in the order of the High Court.
Devi Ispat Limited v. State Bank of India and others (2014) 5 SCC 762.
