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Bombay High Court Refuses Withdrawal of Writ Petition, Examines Validity of Blanket Injunction and SARFAESI Notice. Court Raises Question of Territorial Jurisdiction of Principal Seat to Entertain Challenge to Order of Cooperative Appellate Court Acting as Incharge for Nagpur Bench.

The writ petition arose from recovery proceedings initiated by Rupee Cooperative Bank against the borrower company. The borrower had filed a dispute i...