Plea to assail sale notice dismissed as petitioner had alternative remedies of filing application under SARFAESI Act

FEMA, BANKING & INSURANCE : Where action taken by bank in auctioning mortgaged property on account of default in repayment of loan by borrowers was in continuation of measures provided under section 13(4) of Securitisation Act, owners of said property had an alternative effective remedy of filing an application under Section 17

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