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2025 DAILYLAW 131272 (PNJ)

KOTAK MAHINDRA BANK LIMITED v. STATE OF PUNJAB AND OTHERS

CWP/5919/2025 · 2025-03-03

Anupinder Singh Grewal, Deepak Manchanda

body2025

Judgment text

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IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 117 KOTAK MAHINDRA BANK LIMITED STATE OF PUNJAB AND OTHERS CORAM: HON’BLE MR. JUSTICE ANUPINDER SINGH GREWAL HON’BLE MR. JUSTICE DEEPAK MANCHANDA Present: Mr. Gurmeet Singh, Advocate and Mr. Mr. Aftab Singh Khara, Senior DAG, Punjab. ANUPINDER SINGH GREWAL, J. (ORAL) Learned counsel for the petitioner submits that he is confining the prayer in this petition to the expeditious disposal of the I.A. No. 741 of 2023 preferred by the petitioner at this stage. 2. Learned counsel for the petitioner submits that the petitioner had filed an appeal before the DRAT the DRT-III, Chandigarh dated 07.08.2023 District Magistrate under Section 14 of the SARFAESI Act was set aside. The petitioner has preferred an appeal before the DRAT along with I.A. No.741 of 2023 for interim r 3. Heard. 4. In view of the limited prayer of the petitioner, the petition is disposed of at this stage with the direction to the DRAT to decide the I.A. No.741 of 2023 expeditiously. 03.03.2025 SwarnjitS Whether speaking/reasoned Whether reportable IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP-5919-2025 DATE OF DECISION: 03.03.2025 KOTAK MAHINDRA BANK LIMITED Versus STATE OF PUNJAB AND OTHERS HON’BLE MR. JUSTICE ANUPINDER SINGH GREWAL HON’BLE MR. JUSTICE DEEPAK MANCHANDA Mr. Gurmeet Singh, Advocate and Mr. Raghav Kapoor, Advocate for the petitioner. Mr. Aftab Singh Khara, Senior DAG, Punjab. ANUPINDER SINGH GREWAL, J. (ORAL) Learned counsel for the petitioner submits that he is confining the n this petition to the expeditious disposal of the I.A. No. 741 of 2023 preferred by the petitioner at this stage. Learned counsel for the petitioner submits that the petitioner had filed an appeal before the DRAT on 06.09.2023 III, Chandigarh dated 07.08.2023 whereby the order passed by the District Magistrate under Section 14 of the SARFAESI Act was set aside. The petitioner has preferred an appeal before the DRAT along with I.A. No.741 of 2023 for interim relief but the same has not been decided Heard. In view of the limited prayer of the petitioner, the petition is disposed of at this stage with the direction to the DRAT to decide the I.A. No.741 of 2023 expeditiously. (ANUPINDER SINGH GREWAL) (DEEPAK MANCHANDA) Whether speaking/reasoned : Yes / No Whether reportable : Yes / No IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 2025 DATE OF DECISION: 03.03.2025 … Petitioner (s) ... Respondent(s) HON’BLE MR. JUSTICE ANUPINDER SINGH GREWAL HON’BLE MR. JUSTICE DEEPAK MANCHANDA , Advocate for the petitioner. Mr. Aftab Singh Khara, Senior DAG, Punjab. Learned counsel for the petitioner submits that he is confining the n this petition to the expeditious disposal of the I.A. No. 741 of 2023 Learned counsel for the petitioner submits that the petitioner had challenging the order passed by whereby the order passed by the District Magistrate under Section 14 of the SARFAESI Act was set aside. The petitioner has preferred an appeal before the DRAT along with I.A. No.741 of elief but the same has not been decided till date. In view of the limited prayer of the petitioner, the petition is disposed of at this stage with the direction to the DRAT to decide the I.A. INDER SINGH GREWAL) JUDGE (DEEPAK MANCHANDA) JUDGE Yes / No Yes / No Learned counsel for the petitioner submits that he is confining the n this petition to the expeditious disposal of the I.A. No. 741 of 2023 Learned counsel for the petitioner submits that the petitioner had r passed by whereby the order passed by the District Magistrate under Section 14 of the SARFAESI Act was set aside. The petitioner has preferred an appeal before the DRAT along with I.A. No.741 of In view of the limited prayer of the petitioner, the petition is disposed of at this stage with the direction to the DRAT to decide the I.A. SWARNJIT SINGH 2025.03.03 16:53 I attest to the accuracy and integrity of this document