WP/4998/2025 of JOGA SATTIRAJU Vs M/s Cholamandala Investment and Finance Pvt.Ltd.,

APHC010096422025 IN THE HIGH COURT OF ANDHRA PRADESH Bench Sr.No:-11 [3483] AT AMARAVATI WRIT PETITION NO: 4998 of 2025 Joga Sattiraju ...Petitioner Vs. M/s. Cholamandala Investment & Finance Pvt. Ltd., and others ...Respondents ********** Advocate for petitioner : Sri Dhanyamraju Uma Maheswara Rao, learned counsel representing Sri Pangi Raju Babu. Advocate for respondents : None CORAM : THE CHIEF JUSTICE DHIRAJ SINGH THAKUR SRI JUSTICE RAVI CHEEMALAPATI DATE : 25th February 2025 PC: 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 appeal 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 miscellan