Supreme Court: No Writ Petition will be maintainable in cases where remedy lies under the SARFAESI Act to approach DRT

A Division bench of the Hon’ble Supreme Court of India (SC), comprising of Mr. Justice MR Shah and Ms. Justice BV Nagarathna, in their order dated 12.01.2022 in Phoenix ARC Private Limited v. Vishwa Bharati Vidya Mandir & Ors. (Civil Appeal Nos. 257-259 of 2022), held that a borrower, aggrieved by any of the action(s)/proceedings […]