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HC quashed writ petitioner as petition had alternate remedy against auction sale notice on non-payment of dues

September 23, 2019[2019] 108 583 (Karnataka)

FEMA, BANKING & INSURANCE/SARFAESI : Where petitioner failed to pay one time settlement amount and auction sale notice was issued by creditor bank, instant writ petition thereagainst was to be dismissed as petitioner had alternate remedy under Act

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