Petition under Article 226 Is Not Maintainable Against Action Taken by Bank Under Section 13(4) of SARFAESI Act: SC

The Supreme Court of India has ruled that a writ petition under Article 226 of the Constitution is not maintainable against action taken by a bank under Section 13(4) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), as an alternative statutory remedy exists under Section 17

To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.

Click to Subscribe

If you are already a VIP Member, Click to Login Now