Karnataka High Court in M/S Deepak Apparels Pvt Ltd vs City Union Bank Ltd has held that writ petition is not ordinarily maintainable against the order of the Debt Recovery Tribunal, passed in exercise of the jurisdiction under S.17 of the SARFAESI Act. Full Bench answering a reference held that it can be entertained only if the court is convinced that it falls within the exceptional categories recognized by Apex Court Single Bench has expressed his doubts about the correctness in decision of Hotel Vandana Palace case wherein it was held that a writ petition is maintainable without filing an appeal to the Appellate Tribunal as provided under S.18 of the Act, on the ground that the pre-deposit is required under S.18 of the SARFAESI Act and in such circumstances, it cannot be considered as an efficacious remedy.
Article referred: http://www.livelaw.in/writ-petition-not-ordinarily-maintainable-order-drt-s-17-sarfaesi-act-karnataka-hc-fb/
Article referred: http://www.livelaw.in/writ-petition-not-ordinarily-maintainable-order-drt-s-17-sarfaesi-act-karnataka-hc-fb/
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