Extracted from the PDF above. The PDF is authoritative.
Neutral Citation No. - 2025:AHC:5965-DB Court No. - 39 Case :- WRIT - C No. - 43215 of 2024 Petitioner :- Vikrant Chaudary Respondent :- State Of U.P. And 2 Others Counsel for Petitioner :- Vaibhav Kaushik Counsel for Respondent :- C.S.C.,Kundan Rai Hon'ble Siddhartha Varma,J. Hon'ble Dr. Yogendra Kumar Srivastava,J.
1. Heard learned counsel for the petitioner and learned Standing Counsel for the State-respondents.
2. From the order dated 08.12.2021 which was passed under Section 14 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (hereinafter referred to as the "SARFAESI Act"), we find that a notice under Section 13(2) of the SARFAESI Act was issued to the petitioner on 28.02.2018 and thereafter proceedings under Section 13(4) of the SARFAESI Act read with Rule 8(1) of the Security Interest (Enforcement) Rules, 2002 had been initiated.
3. Now at this belated stage, no interference is warranted.
4. The instant writ petition is accordingly, dismissed.
5. This order was passed in the presence of Sri Kundan Rai,
learned counsel appearing for the respondent no. 3.
Order Date :- 10.1.2025 vkj/ M.S. Ansari (Dr. Y.K. Srivastava,J.) (Siddhartha Varma,J.) Digitally signed by :- VIJAY KRISHNA JAISWAL High Court of Judicature at Allahabad