Writ Petition Against Order Passed U/s 14 of SARFAESI Act not Maintainable as Remedy U/s 17 is Available: Allahabad HC

Recently, the Allahabad High Court Dismissed the writ Petition filed by Hindustan Petroleum Corporation Ltd. Two Judge Bench of Justice Rajan Roy and Justice Manish Kumar passed an order on a writ petition where Hindustan Petroleum Corporation Ltd. challenged an order passed by the District Magistrate, Sitapur under Section 14 of the SARFAESI Act, 2002.

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