CWP No.1076 of 2005. 22.08.2008 Present: Mr. T.S. Chauhan, Advocate for the petitioner. Mr. Ashwani K. Sharma, Advocate for the respondent. It is evident from the perusal of Annexure P-2, dated 12th August, 2005 that the action has already been initiated against the petitioner under Section 13(4) of The Securitisatiion and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (hereinafter referred to as the Act). In sequel to Annexure P-2, the possession of the secured land has already been taken over by the respondent-Bank. The petitioner has the alternative remedy to assail Annexure P-2 by filing an appeal under Section 17 of the Act before the Debts Recovery Tribunal. Consequently, this petition is disposed of and the petitioner is permitted to file appropriate appeal under Section 17 of the Act before the Debts Recovery Tribunal against Annexure P-2. No costs. (Rajiv Sharma), J. August 22, 2008. (sck)