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M/S Hardayal Milk Products Pvt Ltd vs Punjab National Bank Branch At Shikohabad Main Shikohabad Thru Its Authorized Officer

High Court Of Judicature at Allahabad|29 April, 2019
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JUDGMENT / ORDER

Court No. - 35
Case :- WRIT - C No. - 14770 of 2019 Petitioner :- M/S Hardayal Milk Products Pvt. Ltd.
Respondent :- Punjab National Bank Branch At Shikohabad Main Shikohabad Thru. Its Authorized Officer Counsel for Petitioner :- V.K.S. Somvanshi Counsel for Respondent :- Sanjai Singh Hon'ble Bharati Sapru,J. Hon'ble Vivek Varma,J.
Heard Sri V.K.S. Somvanshi, learned Counsel for the petitioner and Sri Sanjai Singh, learned Counsel for the respondents.
Against the notice dated 16.04.2019 issued under 13 (4) of The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, the petitioner has an alternative statutory remedy of filing an appeal under Section 17 of the aforesaid Act.
It is open to the petitioner to take recourse to the remedy as provided under the Act.
This Writ Petition is dismissed on the ground of alternative remedy. No costs.
Order Date :- 29.4.2019 S.P.
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Title

M/S Hardayal Milk Products Pvt Ltd vs Punjab National Bank Branch At Shikohabad Main Shikohabad Thru Its Authorized Officer

Court

High Court Of Judicature at Allahabad

JudgmentDate
29 April, 2019
Judges
  • Bharati Sapru
Advocates
  • V K S Somvanshi