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Fema / RBI

Writ Jurisdiction cannot be invoked to challenge Section 13(2) SARFAESI Notice

Case Law Details

Case Name
Rajesh Sukamaran Nambiar Vs Central Bank of India (Gujarat High Court)
Date of Judgement/Order
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Advertisement Rajesh Sukamaran Nambiar Vs Central Bank of India (Gujarat High Court) Conclusion: In present facts of the case, the Hon’ble High Court while dismissing the Writ Petition under Article 226 held that Notice issued by Bank under Section 13(2) of the SARFAESI Act, 2002 cannot be challenged by invoking Writ jurisdiction as effective alternate remedy has been provided under Section 17 of the Act. Facts: In present facts of the case, the Writ Petition has been filed by the Petitioners against the Respondent Bank u/s Section 13(2) of the SARFAESI Act, 2002 as under the impugned Not...
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