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[2025:RJ-JP:9233] HIGH COURT OF JUDICATURE FOR RAJASTHAN BENCH AT JAIPUR S.B. Civil Writ Petition No. 5902/2009
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3. State Bank Of India, Central Office At Madam Cama Road, Nariman Point, Mumbai-400021 The Authorized Officer And Chief Manager (Advances) Region-II, Jaipur Region, State Bank Of India, C-54, Sarojini Marg, C-Scheme, Jaipur The Branch Manager, State Bank Of India, Sanganer Branch, Jaipur. ----Petitioners Versus
1. Debts Recovery Tribunal, Nehru Place, Tonk Road, Jaipur Through Its Registrar.
2. Nitesh Kumar Galhotra Son Of Shri R.C. Galhotra, R/o. P-37, Madhuban West-II, Kisan Marg, Tonk Road, Jaipur. ----Respondents For Petitioner(s) : Ms. Anita Aggarwal with Mr. Vibhanshu Sharma For Respondent(s) :
HON'BLE MR. JUSTICE MAHENDAR KUMAR GOYAL Order 03/03/2025 This writ petition is directed against the order dated 04.05.2009 passed by the learned Debts Recovery Tribunal, Jaipur in Securitization application No.17/2009 whereby, the application filed by the respondent No.2 under Section 17(1) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, was partly allowed. Indisputably, the petitioners have an efficacious and alternative remedy of statutory appeal against the order impugned before the learned Debts Recovery Appellate Tribunal. Learned
[2025:RJ-JP:9233] (2 of 2) [CW-5902/2009] counsel for the petitioners could not satisfy this Court as to why the writ petition should be entertained without exhausting the alternative remedy. In view thereof, this writ petition is dismissed as not maintainable. Pending application(s), if any, also stands disposed of accordingly.
(MAHENDAR KUMAR GOYAL),J GAURAV/48