SM 1 914.wp.481.11 IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO. 481 OF 2011 M/s. R-TEC Systems (I) Pvt. Ltd and others ....Petitioners Versus The Authorised Officer, Abhyudaya Co.Op.Bank Ltd. and another ....Respondents ____________ Ms. Sunita Bhalinge i/b Ms. Aarti P. Bhide for the Petitioners. Mr. Rajeev . Pandey i/b PRS Legal for the Respondent No. 1. CORAM: DR. D. Y. CHANDRACHUD & A. A. SAYED, J.J. DATED : AUGUST 20, 2011. P.C.: The Petitioners have an efficacious alternate remedy before the Debts Recovery Tribunal under Section 17 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. 2. In that view of the matter, we decline, at this stage, to exercise our jurisdiction under Article 226 of the Constitution. The Petition is accordingly dismissed keeping it open to the Petitioners espouse the alternate remedy. (A. A. SAYED, J.) (DR. D. Y. CHANDRACHUD, J.)