Ms Saptrishi Iron And Steel Pvt Ltd And Another Vs Authorised Officer And Others

Uttarakhand High Court 27 Sep 2024 Writ Petition (M/S) No. 2645 Of 2024 (2024) 09 UK CK 0124
Bench: Single Bench
Result Published
Acts Referenced

Judgement Snapshot

Case Number

Writ Petition (M/S) No. 2645 Of 2024

Hon'ble Bench

Pankaj Purohit, J

Advocates

Sagar Kothari, Siddharth Jain

Final Decision

Dismissed

Acts Referred
  • Recovery Of Debts And Bankruptcy Act (RDB Act), 1993 - Section 18
  • Constitution Of India, 1950 - Article 227

Judgement Text

Translate:

Pankaj Purohit, J

1. This writ petition has been filed under Article 227 of the Constitution of India. The petitioner has challenged the order dated 14.06.2024, passed by

learned Presiding Officer, Debts Recovery Tribunal, Dehradun in Securitization Application No.143 of 2024, whereby the interim relief application of

the petitioner moved in the said application was rejected.

2. Learned counsel for the respondent nos.1 and 2 made a preliminary objection in the matter saying that against the order impugned in the present

writ petition a remedy is available to the petitioner to approach Debts Recovery Tribunal constituted under Section 18 of the Recovery of Debts and

Bankruptcy Act (RDB Act), 1993.

3. Accordingly, writ petition is dismissed with liberty to the petitioner to seek appropriate remedy.

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