2021 (1) TMI 1321 - HC - Indian Laws

Maintainability of petition - availability of alternative remedy - Legality of entire proceedings of the respondents including E-Auction Sale Notice dated 29.12.2020, fixing the date of auction of petition schedule properties as 03.02.2021 under the provisions of SARFAESI Act - petitioner has not disputed that the petitioner has alternative remedy against the impugned proceedings and that no extraordinary circumstances are shown by petitioner for entertaining the present writ petition. HELD THAT - The Writ Petition is disposed of, granting liberty to the petitioner to avail alternative remedy available to it.

Summary

The High Court of Telangana disposed of a writ petition seeking to declare the proceedings of an E-Auction Sale Notice as illegal and arbitrary under the SARFAESI Act. The petitioner was granted liberty to avail alternative remedy, with no costs imposed.