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2019 (5) TMI 1511 - HC - Indian LawsAmicable settlement between the parties - validity of notice issued u/s 13(2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 - dishonor of cheque - HELD THAT:- Learned counsel for the petitioners has not disputed that the said cheque issued for ₹ 30 lakhs by the petitioner was dishonoured due to the default of petitioner No.1. The bonafides of the petitioners are totally lacking in this writ petition - no ground for exercising the extra ordinary writ jurisdiction of this Court under Articles 226/227 of the Constitution of India is made out - petition dismissed.
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