Gauhati HC dismisses Writ Petition without invoking Alternative remedy of Appeal under SARFAESI Act [Read Order]

Gauhati HC - Writ Petition - Alternative remedy - Appeal - SARFAESI Act - taxscan

The Division bench of Gauhati High Court dismisses the writ petition without invoking an alternative remedy of appeal under the SARFAESI Act. The respondent, Union Bank of India initiated proceedings against the petitioner M/S Veteran Security Service under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) and…

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