The High Court of Andhra Pradesh has dismissed a writ petition challenging recovery measures initiated by Canara Bank under the SARFAESI Act, 2002. The court ruled that when a “statutory efficacious alternative remedy” is available, judicial prudence dictates that the court should refrain from exercising its discretionary jurisdiction under Article 226 of the Constitution of
Writ Against SARFAESI Action Not Maintainable Due to Alternative Remedy; Andhra Pradesh HC Dismisses Borrower’s Plea
