Securitisation & Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002–Secs. 13(4) & 17–Measures taken under the provision–Under challenge–Petitioner has bypassed the remedy available u/s. 17 of the Act–He has already instituted a separate suit for injunction against the vendors wherein the Trial Court has passed an interim order–There exist material inconsistencies in the property description–Claim of the petitioner is found on an unregistered agreement to sale–Further, the petitioner failed to implead the person in whose favour, the sale certificate has been issued–No case is made out for interference.
