Supreme Court Sets Aside High Court Order in Banking Dispute Due to Erroneous Jurisdiction. High Court's Decision to Entertain Writ Petition Ignored Statutory Alternative Remedy Under Section 17 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002....
The dispute arose from a financial facility extended by the appellant bank to the respondent, amounting to Rs.10 lakhs, secured by title deeds of land and building. The respondent's account was declar...




