2018 (10) TMI 1953

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..... aws - Jurisdiction - power of High Courts to entertain matters which arise under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI) - HELD THAT:- The writ petition, in this case, being not maintainable, obviously, all orders passed must perish, including the impugned order, which is set aside. Appeal allowed - decided in favor of ap .....

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..... pproach of the High Court for reasons already noticed in Dwarikesh Sugar Industries Ltd. vs. Prem Heavy Engineering Works (P) Ltd. and Another, (1997) 6 SCC 450, observing:- 32. When a position, in law, is well settled as a result of judicial pronouncement of this Court, it would amount to judicial impropriety to say the least, for the subordinate courts including the High Courts to ignore the set .....

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