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2025 DAILYLAW 126032 (ALL)

M/S RAJ GASES, LKO. THRU. PROPRIETOR, MR. SUSHIL KUMAR AND ANOTHER v. BRANCH MAGANER, REGIONAL OFFICE CANARA BANK, LKO. AND OTHERS

WRIC/1991/2025 · 2025-04-04

Om Prakash Shukla, Rajan Roy

body2025

Judgment text

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Neutral Citation No. - 2025:AHC-LKO:18914-DB Court No. - 2 Case :- WRIT - C No. - 1991 of 2025 Petitioner :- M/S Raj Gases, Lko. Thru. Proprietor, Mr. Sushil Kumar And Another Respondent :- Branch Maganer, Regional Office Canara Bank, Lko. And Others Counsel for Petitioner :- Surya Prakash,Aditya Prakash Counsel for Respondent :- Alok Saxena,C.S.C. Hon'ble Rajan Roy,J. Hon'ble Om Prakash Shukla,J. 1. Heard. 2. Petitioner has challenged notice dated 01.02.2025 under Section 13(4) of the SARFAESI Act, 2002 which is in the form of sale notice as also other notices issued under the SARFAESI Act, 2002. A relief for restructuring MSME loan/ credit facility availed by the petitioner has also been sought. 3. These are matters cognizable by Debt Recovery Tribunal and not before this Court directly especially as the sale has already taken place on 27.02.2025 as informed by Sri Alok Saxena, learned counsel appearing for Canara Bank. 4. Accordingly, the petition is disposed of with the aforesaid liberty. (Om Prakash Shukla,J.) (Rajan Roy,J.) Order Date :- 4.4.2025 Shanu/- Digitally signed by :- SHANU SUMAN High Court of Judicature at Allahabad, Lucknow Bench