(1.) Heard Mr. B. P. Tanna, the learned Senior Advocate assisted by Mr. Aditya. J. Pandya, the learned advocate appearing for the writ-applicants and Mr. A. S. Panesar, the learned advocate appearing for the respondent No.1 - Bank.
(2.) Though the respondents No.7 and 8 are served, no one has remained present when the matter was called out. The respondents No.3 to 6 have refused to receive the notice.
(3.) Mr. Tanna, the learned Senior Advocate fairly submitted that the Tribunal is available and that the Securitization Application (produced at page-45 of the writ-application) is pending adjudication before the Tribunal.