Extracted from the PDF above. The PDF is authoritative.
APHC010392262025
IN THE HIGH COURT OF ANDHRA PRADESH AT AMARAVATI
WRIT PETITION NO: 20617 of 2025 Bench Sr.No:-42 [3483] G. Venkatachalam ...Petitioner Vs. The Branch Manager, I.C.I.C.I. Bank Limited and another ...Respondents ********** Advocate for petitioner : Sri Makireddy Manoj representing Sri D. Taraka Prasad Advocate for respondents : None
CORAM : THE CHIEF JUSTICE DHIRAJ SINGH THAKUR SRI JUSTICE RAVI CHEEMALAPATI DATE : 23rd September 2025 P C :
In view of the fact that the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act of 2002 (for short, “the SARFAESI Act”) provides an effective alternate remedy by way of an application before the Debts Recovery Tribunal, which can very well be availed by the petitioner, we do not find any reason to interfere at this stage by invoking our extraordinary jurisdiction considering the ratio of the judgments rendered by the Apex Court in Radha Krishan Industries v. State of H.P.,1 and United Bank of India vs. Satyawati Tondon2.
1 (2021) 6 SCC 771 2 [(2010)8 SCC 110 : 2010 INSC 428]
2
2. The Writ Petition is, accordingly, dismissed. No order as to costs.
Pending miscellaneous applications, if any, shall stand closed.
DHIRAJ SINGH THAKUR, CJ
RAVI CHEEMALAPATI, J AMD
3
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HON’BLE MR. JUSTICE DHIRAJ SINGH THAKUR, CHIEF JUSTICE & HON’BLE MR. JUSTICE RAVI CHEEMALAPATI
WRIT PETITION NO: 20617 of 2025
Dt : 23.09.2025
AMD