Punjab National Bank vs O.C. Krishnan And Ors

The Supreme Court held that the order directing the sale of mortgaged property by the Debts Recovery Tribunal was appealable under Section 20 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. The Court emphasized that the High Court should not have exercised its jurisdiction under Article 227 when an alternative remedy was available under the Act. Consequently, the appeal was allowed, and the impugned order of the Calcutta High Court was set aside.