High CourtsSingle Bench(2024) 09 UK CK 0124

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

Uttarakhand High Court · Decided on 27 September 2024

HON’BLE JUDGES
Pankaj Purohit, J
RESULT
Dismissed
CASE NUMBER
Writ Petition (M/S) No. 2645 Of 2024

AI Structured Summary

Not yet generated for this judgment

Judgment

4 paragraphs · 125 words

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.