SAHYADRI COOP CREDIT SOCIETY LTD. vs STATE OF MAHARASHTRA .

The Supreme Court upheld the High Court's dismissal of writ petitions filed by Sahyadri Co-operative Credit Society Ltd. and Navhind Co-operative Credit Society Ltd., affirming that the appellants had an alternative remedy under Section 218 of the Maharashtra Land Revenue Code, 1966. The Court emphasized that the existence of an alternative remedy precludes the exercise of writ jurisdiction. The judgment clarified that the appellants' claims regarding the pledge of sugar stocks were subject to the statutory framework governing sugarcane payments and recovery processes.