HARI SHYAM GUPTA v. ZONAL MANAGER CENTRAL BANK OF INDIA ZONAL OFFICER LKO AND ANOTHER
WRIC/2970/2025 · 2025-04-01
Om Prakash Shukla, Rajan Roy
body2025
DailyLaw.ai
[ 2025 DAILYLAW 130437 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 130437 (ALL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
Neutral Citation No. - 2025:AHC-LKO:18117-DB Court No. - 2 Case :- WRIT - C No. - 2970 of 2025 Petitioner :- Hari Shyam Gupta Respondent :- Zonal Manager Central Bank Of India Zonal Officer Lko And Another Counsel for Petitioner :- Afaq Zaki Khan,Alimulla Khan Counsel for Respondent :- Nitin Srivastava Hon'ble Rajan Roy,J. Hon'ble Om Prakash Shukla,J.
1. Vakalatnama filed on behalf of opposite parties by Shri Nitin Srivastava, Advocate, is taken on record.
2. Heard.
3. The proceedings for recovery of loan amount given by the opposite parties to the petitioner have been initiated under Section 13 (4) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act,
2002. Counsel for the opposite parties informs that securitization application filed against the said proceedings by the petitioner has been dismissed on 05.12.2024.
4. In view of the aforesaid, there is nothing for this Court to adjudicate at this stage. If the petitioner wants some settlement, he can approach the Bank if it is otherwise permissible under law.
5. The writ petition stands disposed of. (Om Prakash Shukla, J.) (Rajan Roy, J.) Order Date :- 1.4.2025 Ajit Digitally signed by :- AJIT KUMAR High Court of Judicature at Allahabad, Lucknow Bench Digitally signed by :- AJIT KUMAR High Court of Judicature at Allahabad, Lucknow Bench