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2025 DAILYLAW 11380 (UTT)

MS RUDRANSH TRADERS v. STATE OF UTTARAKHAND

WPMS/2711/2025 · 2025-09-17

Manoj Kumar Tiwari

body2025

Judgment text

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2025:UHC:8287 SL. No. Date Office Notes, reports, orders or proceedings or directions and Registrar’s order with Signatures COURT’S OR JUDGE’S ORDERS WPMS/2711/2025 Hon’ble Manoj Kumar Tiwari, J. Mr. Mohd. Umar, Advocate for the petitioners. Mr. S.K. Nailwal, Standing Counsel for the State. Mr. Siddhartha Sah, Advocate for Canara Bank. 2. Petitioner has challenged E-auction notice, issued by Canara Bank on 22.08.2025. 3. Since petitioner has remedy of approaching Debts Recovery Tribunal (DRT) under Section 17 of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and Mr. Siddhartha Sah, learned counsel appearing for Canara Bank, points out that petitioner had earlier approached DRT, therefore, the writ petition is disposed of with liberty to petitioner to approach the DRT. 4. Learned counsel for the petitioner submits that Securitization Application, filed by petitioner, which is numbered as SA No. 199 of 2022, was dismissed for non prosecution on 08.07.2023. 5. Petitioner shall be at liberty to apply for restoration of the securitization application, by moving appropriate application. If petitioner moves such application within 48 hours, the same shall be considered, as per law. 6. Pending application(s), if any, also stand disposed of. Manoj Kumar Tiwari, J.) 17.09.2025 Mahinder/ MAHINDER SINGH Digitally signed by MAHINDER SINGH DN: c=IN, o=HIGH COURT OF UTTARAKHAND, ou=HIGH COURT OF UTTARAKHAND, 2.5.4.20=da6212e6e78d94ed3134842bc6a8d6ca168979ca7b8c2f031a92d1a18b08923c, postalCode=263001, st=UTTARAKHAND, serialNumber=AB77B7C5B240908B392BE84F5CDD4C2AF35DC4626D305B1BC9EA4BABA43D 2B8F, cn=MAHINDER SINGH Date: 2025.09.17 17:26:23 +05'30'