Writ Petition Dismissed as Alternate Remedy under IBC Available: Gujarat HC

Fivebro Water Services Pvt Ltd & Anr Vs Bijay Murmuria & Ors (Gujarat High Court)

Gujarat High Court held that it would not be appropriate to invoke its extraordinary discretionary jurisdiction under Article 226 of the Constitution of India in the present case involving possession and control of assets with corporate debtor during liquidation.

Facts- The petitioner No.1 and petitioner No.2 are the lessee and licensee of the premises in question. The respondent No.1 is the Liquidator of the Corporate Debtor i.e. Doshion Pvt. Ltd. and respondent Nos.2

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