1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY BENCH AT AURANGABAD WRIT PETITION NO.4696/2010 Pradeep s/o Suratmal Gandhi .. PETITIONER VERSUS The State of Maharashtra & Ors .. RESPONDENTS ... WRIT PETITION NO.4700/2010 Mohammad Hussain Mamu Shaikh & Ors. .. PETITIONERS VERSUS The State of Maharashtra & Ors. .. RESPONDENTS ... Shri N.R.Bhavar,Adv.for petitioners. Shri V.G.Shelke,AGP for respondent-State. Shri N.P.Bangar,Adv. for respondents 3 & 4. ... CORAM : A.A.SAYED,J. DATE :02/12/2010 ORAL ORDER : 1] In view of the alternate efficacious remedy as provided under 2 Section 17 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, I am not inclined to entertain the above petitions and the petitioners are at liberty to approach the Debt Recovery Tribunal to avail of that remedy, if they so desire. 2] It is made clear that the time during which these Petitions were being prosecuted, shall be considered by the Debt Recovery Tribunal in entertaining the matter. All contentions of the parties are kept open. 3] With the aforesaid directions, the Petitions are dismissed. No order as to costs. 4] The learned counsel for the respondent-Bank makes a statement that no coercive steps will be taken for a period of 15 days from today against the petitioners. The statement is accepted. [A.A.SAYED] JUDGE umg/wp4696-10