Tuesday 5 January 2016

Writ against Magistrate's order quashed as petitioner already availed of statutory remedy of appeal

SARFAESI: Where efficacious statutory remedy of appeal under section 17 was available to appellant-purchaser of property, against notice under section 13(4) and he had already availed same, instant writ petition before High Court against order of Chief Judicial Magistrate appointing receiver to take possession of property in question under section 14 would not be maintainable

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