IMPHAL, India, May 18 -- Manipur High Court issued the following order on April 16:
[1] Mr. MI Sharma, learned counsel appeared on behalf of the petitioner and Mr. K. Pradeep, learned counsel entered appearance on behalf of respondent No.1.
[2] In the present writ petition, the petitioner has prayed, inter-alia, to quash/annul the Debts Recovery Tribunal orders dated 10.03.2026 and 23.03.2026 passed in OA/10/2021, RC/288/2021.
[3] When this matter is taken up, this Court pointed out to the learned counsel appearing for the petitioner that under Section 18 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI for short), there is provision for filing an appeal against any order passed by the Debts Recovery Tribunal by any aggrieved person and as such, the present writ petition cannot be entertained in view of the statutory appeal provided under the SARFAESI Act.
[4] Faced with the above situation, the learned counsel appearing for the petitioner submitted that despite availability of an alternative remedy for filing a statutory appeal as provided under Section 18 of the SARFAESI ACT, this Court can still entertain the present writ petition in exercise of inherent power.
The learned counsel further submitted that he may be given some time to point out the relevant provisions of law as well as the relevant case laws.
[5] As prayed for by the counsel appearing for the petitioner, list this case again on 20.04.2026 in the motion column for consideration of the maintainability of the present writ petition.
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