Supreme Court: Promotion Suitability Must be Decided by Experts, Courts Cannot Create New Methods  ||  SC: Market Integrity is Paramount; Rule Violators Cannot Escape Liability by Citing Investor Gains  ||  SC: Plaintiff's Reply to Counterclaim in Commercial Suits Must Meet Written Statement Deadline  ||  SC: Pre-2016 Debt Recovery Tribunal Recovery Certificates Cannot Support Insolvency Notices  ||  SC: Children's Court Cannot Try Child as Adult Without Passing a Reasoned Order under JJ Act  ||  SC: Contractual Clauses Denying Interest on Security Deposits Does Not Violate Public Policy  ||  J&K&L HC: Unamended Pleading Loses Effect After Amendment; Party Cannot Benefit From Own Default  ||  Allahabad HC: Wife's Maintenance Need Not be Fixed at 25% of Husband's Net Income  ||  Kerala HC: Social Customs Alone Cannot Prove Bride Entrusted Gold to Husband or In-Laws  ||  Karnataka HC: Century Club Qualifies as a Public Authority under the RTI Act Due to Land Grant    

Del HC: Scope of Writ Jurisdiction Cannot be Allowed to Trounce the Statutory Obligation - (16 Aug 2023)

BANKING

Delhi High Court while observing that scope of writ jurisdiction can’t be allowed to trounce the statutory obligation, on the stratagem of efficacious alternate remedy, has held that borrowers must avail statutory remedies under SARFAESI Act before invoking Article 226 against recovery proceedings.

Tags : DELHI HIGH COURT   WRIT JURISDICTION   SARFAESI   RECOVERY PROCEEDINGS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved