M/S DUBEY SONS AND SINGH TRADERS THRU. MR. ASHUTOSH DWIVEDI AND ANOTHER v. INDIAN BANK 254 AVVAI SHANMUGAN SALAI ROYEPETTAH CHENNAI THRU. GENERAL MANAGER AND 2 OTHERS
WRIC/1592/2025 · 2025-02-18
Om Prakash Shukla, Rajan Roy
body2025
DailyLaw.ai
[ 2025 DAILYLAW 124079 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 124079 (ALL) · dailylaw.ai ]
Judgment text
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Neutral Citation No. - 2025:AHC-LKO:10536-DB Court No. - 2 Case :- WRIT - C No. - 1592 of 2025 Petitioner :- M/S Dubey Sons And Singh Traders Thru. Mr. Ashutosh Dwivedi And Another Respondent :- Indian Bank 254 Avvai Shanmugan Salai Royepettah Chennai Thru. General Manager And 2 Others Counsel for Petitioner :- Krishna Madhav Shukla Counsel for Respondent :- Gopal Kumar Srivastava Hon'ble Rajan Roy,J. Hon'ble Om Prakash Shukla,J. Heard Sri Krishna Madhav Shukla, learned counsel for the petitioners and Sri Akash Deep Srivastava, holding brief of Sri Gopal Kumar Srivastava, learned counsel for the opposite parties. The petitioner challenges a notice dated 21.01.2025 referable to Section 13(4) of the SARFAESI Act, 2002. The remedy is before the Debt Recovery Tribunal and not before this Court, however, at this stage the petitioner says that he is ready to pay the due amount. If it is so, then he may move a appropriate application before the bank concerned and if there is no legal impediment, it is for the bank to consider the same as per law. The Writ Petition stands disposed of. (Om Prakash Shukla,J.) (Rajan Roy,J.) Order Date :- 18.2.2025 Saurabh Digitally signed by :- SAURABH VERMA High Court of Judicature at Allahabad, Lucknow Bench