PATNA, India, June 26 -- Patna High Court issued the following judgment on June 24:
1. The writ petition is filed to set aside the possession notice dated 06.01.2017 issued under Section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002 read with Rule 8 of the security interest (Enforcement) Rule, 2002 whereunder the respondent/Bank has given notice to the borrower and public in general for taking possession of the property described in the notice.
2. On perusal of the entire contents of the writ petition, it is evident that the petition is not maintainable, as an alternative remedy is available to the petitioner to challenge the orders before the DRT, if any such ...