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2025 DAILYLAW 13375 (ORI)

SASHIKANTA SAHOO v. ICICI BANK, BHADRAK

WP(C)/3043/2025 · 2025-06-30

S K Sahoo, Sibo Sankar Mishra

Writ Petition (Civil)body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

p. 1 IN THE HIGH COURT OF ORISSA AT CUTTACK W.P.(C) No.3043 of 2025 Sashikanta Sahoo …. Petitioner Mr. Somanath Nanda, Advocate -versus- ICICI Bank, Bhadrak and others …. Opp. Parties Dr.Nalini Kanta Dash, Advocate (for the opp.party- CORAM: HON’BLE MR. JUSTICE S.K. SAHOO HON’BLE MR. JUSTICE S. S. MISHRA Order No. ORDER 30.06.2025 02. This matter is taken up through Hybrid arrangement (video conferencing/physical mode). The petitioner Sashikanta Sahoo has filed this writ petition seeking to quash the auction sale which has already been carried out in respect of plot No. 501, Khata No. 595/441, Jitanga, P.O. Ichhapur in the district of Bhadrak and to direct the opposite party-Bank to re-phase the loan account in order to grant the petitioner a reasonable time to square off the loan to the extent of mortgage given by the petitioner. Since the auction sale has already been completed and third party right has been accrued, in view of the decision of the Hon’ble Supreme Court in the case of Celir LLP -Vrs.- Bafna Motors (Mumbai) (P) Ltd. reported in (2024) 2 Supreme Court Cases 1, liberty is granted to the petitioner to approach the appropriate forum. p. 2 With such liberty, the writ petition stands disposed of. Issue urgent certified copy as per Rules. ( S.K. Sahoo) Judge (S.S. Mishra) Judge PKSahoo