RAVINDRA MAITHANI
U. S. A. Solar Systems – Appellant
Versus
Uttarakhand State Co-Operative Bank Limited – Respondent
JUDGMENT :
Ravindra Maithani, J.
By means of instant petition, the petitioner seeks the following reliefs:-
(ii) To issue a writ, order of direction in the nature of Mandamus directing the respondent not to proceed with their action under section 13 (2) Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 against the petitioner.
(iii) Pass any other or further order (s)/writ (s) as this Hon’ble Court may deem fit and proper in the facts and circumstances of the present case.
(iv) Award the cost of the petition to the petitioners.”
2. Heard learned counsel for the parties and perused the record.
3. It is the case of the petitioner in order to establish a solar power project, he took loan of Rs.2,70,00,000/- Lakh from the respondent no.1, the Uttarakhand S
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