Court No. - 35
Case :- WRIT - C No. - 18970 of 2019 Petitioner :- M/S Triveni Handlooms Ltd Respondent :- Punjab National Bank And Another Counsel for Petitioner :- Aroop Banerjee Counsel for Respondent :- Sanjai Singh Hon'ble Bharati Sapru,J. Hon'ble Vivek Varma,J.
Heard Shri Aroop Banerjee, learned counsel for the petitioner and Sri Ashok Bhatnagar, learned counsel for the respondents.
Against the notice dated 15.04.2019 issued by the Bank under Section 13(4) of the SARFAESI Act, 2002, the petitioner has statutory remedy of approaching the Debts Recovery Tribunal under Section 17 of the aforesaid Act.
It is open to the petitioner to take recourse to the remedy available to him under the Act.
We are not inclined to interfere in the matter at this stage.
The writ petition is accordingly dismissed on the ground of alternative remedy.
Order Date :- 29.5.2019 S.P.