Bombay High Court Dismisses Writ Petitions Challenging SARFAESI Proceedings Against Guarantors and Borrowers. Court Holds That Section 17(1) of SARFAESI Act Provides an Alternative Remedy to Challenge Possession Notices and That Writ Jurisdiction Under Article 226 Should Not Be Entertained When Statutory Remedy Is Available.
5 Jul 2016The judgment pertains to two writ petitions filed before the Bombay High Court challenging an order dated 11th September 2015 passed by the Chief Metr...






