When Will High Courts Decline Article 226 Writ Jurisdiction Due to Alternate Remedies in Bank Loan Cases? — Precedent Affirmed by Reliance on Supreme Court Judgments
High Courts will generally refuse to exercise Article 226 writ jurisdiction in banking matters where an alternative efficacious remedy (such as a Debts Recovery Tribunal) exists; this position is reaffirmed by express reliance on Supreme Court judgments in Radha Krishan Industries (2021) and United Bank of India v. Satyawati Tondon (2010); the case serves as […]