IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH Civil Writ Petition No.23307 of 2010 Date of Decision : December 24, 2010. Sushma Ahluwalia and others .....Petitioners versus The Authorized Officer, Allahabad Bank and others .....Respondents CORAM : HON'BLE MR.JUSTICE SURYA KANT. Present : Mr.ADS Jattana, Advocate, for the petitioners. -.- 1. Whether Reporters of Local papers may be allowed to see the judgment? 2. To be referred to the Reporters or not? 3. Whether the judgment should be reported in the Digest? --- Surya Kant, J. (Oral) The petitioners are the guarantors of a loan advanced by respondent No.3 M/s Atul Paints, a partnership firm owned by the son of petitioner No.1. They are aggrieved by the action taken by the respondent- bank under Section 13 (4) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (hereinafter referred to as 'the 2002 Act') In view of the decision of the Hon'ble Supreme Court dated 26.7.2010 in Civil Appeal No.5990 of 2010 (United Bank of India versus Satyawati Tondon and others), I am of the considered view that the petitioners have got an efficacious alternative remedy to approach the C.W.P.No .23307 of 2010 2 Debt Recovery Tribunal under Section 17 of the Act. The writ petition is accordingly disposed of by relegating the petitioners to the afore-stated alternative remedy. Ordered accordingly. Dasti. December 24, 2010 (SURYA KANT) Mohinder JUDGE