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2025 DAILYLAW 123889 (ALL)

MOHD. SHAHID ALI v. BANK OF BARODA, BRANCH-ASIYANA LUCKNOW THRU. ITS BRANCH MANAGER AND ANOTHER

WRIC/1545/2025 · 2025-02-19

Om Prakash Shukla, Rajan Roy

body2025

Judgment text

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Neutral Citation No. - 2025:AHC-LKO:10775-DB Court No. - 2 Case :- WRIT - C No. - 1545 of 2025 Petitioner :- Mohd. Shahid Ali Respondent :- Bank Of Baroda, Branch-Asiyana Lucknow Thru. Its Branch Manager And Another Counsel for Petitioner :- Ajay Sharma Counsel for Respondent :- Prashant Kumar Srivastava Hon'ble Rajan Roy,J. Hon'ble Om Prakash Shukla,J. Sri Anurag Verma, Advocate has filed his power on behalf of the opposite party Nos.1 and 2 today in the Court, which is taken on record. Heard. The property of the petitioner was mortgaged with the bank in lieu of loan advanced to the petitioner. As the loan was not repaid, proceedings have been initiated under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, therefore, this petition challenging the said proceedings is not maintainable. The remedy lies elsewhere i.e. before the Debts Recovery Tribunal. The Writ Petition is accordingly dismissed with liberty aforesaid. (Om Prakash Shukla,J.) (Rajan Roy,J.) Order Date :- 19.2.2025 Saurabh Digitally signed by :- SAURABH VERMA High Court of Judicature at Allahabad, Lucknow Bench Digitally signed by :- SAURABH VERMA High Court of Judicature at Allahabad, Lucknow Bench