IN THE HIGH COURT OF BOMBAY AT GOA WRIT PETITION NO. 50 OF 2011 SHRI. RAM KISHOR SINGH AND ANR., ... Petitioners Versus STATE BANK OF INDIA THROUGH AUTHORIZED OFFICER, MR. ASHOK S. GHARKER AND 3 ORS., ... Respondents Mr. V. Parsekar, Advocate for the Petitioners. Mr. P.P. Singh, Advocate for Respondent No.1. Mr. Vivek Rodrigues, Additional Government Advocate for Respondents Nos.2, 3 & 4. Coram:- S. C. DHARMADHIKARI & F. M. REIS, JJ. Date:- 17th March, 2011 P.C.: This petition challenges the order passed under Section 14 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, for short 'Securitization Act'. 2. It is well settled that this Court under Article 226 of the Constitution of India cannot interfere with the order under challenge as the petitioners have adequate and efficacious remedy of filing the appeal under Section 17 of the said Act. This appeal lies before the Debt Recovery Tribunal. 3. The petitioners' advocate states that he would approach the said Tribunal, but to enable the petitioners to approach the Tribunal the ad interim order granted by this Court should continue for a reasonable period. He submits that four weeks time is reasonable to enable the petitioners either to file the appeal or approach the Bank for amicable settlement. 4. In the light of this statement, the Writ Petition is allowed to be withdrawn with liberty to file an appeal under Section 17 of the Securitization Act. To enable the petitioners to file such appeal and obtain appropriate orders therein the ad interim order passed by this Court on 27/01/2011 to continue for a period of four weeks, after which time it will come to an end automatically without any further reference to the Court. 5. Petition dismissed as withdrawn subject to above. S. C. DHARMADHIKARI, J. F. M. REIS, J. NH