PNP 1 WP5569-5.9.sxw IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION WRIT PETITION NO.5569 OF 2011 Rajendraprasad Lalchand Jain ..Petitioner. versus The State of Maharashtra and another ..Respondents. ..... Ms. Kenny Desai i/b Mr. A.M. Saraogi for the Petitioner. Mr. A.I. Patel, AGP for Respondent No.1. Mr. Kishor V. Tembe for Respondent No.2. ...... CORAM : DR.D.Y.CHANDRACHUD & A. A. SAYED, JJ. 5 September 2011. P.C. : The Second Respondent, the Court is informed, has already taken over possession of the secured asset on 24 June 2011 in pursuance of an order passed by the Metropolitan Magistrate under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. The Petitioner has an alternate remedy under Section 17 of the Act. We accordingly dismiss this Petition, leaving it open to the Petitioner to pursue the remedy. (Dr. D.Y. Chandrachud, J.) (A. A. Sayed, J.)