Research › Search › Judgment

High Court of Himachal Pradesh · body

2025 DAILYLAW 13946 (HP)

BHOOP RAM SHARMA v. STATE BANK OF INDIA AND ANOTHER

CWP/5583/2024 · 2025-08-04

Bipin Chander Negi, Gurmeet Singh Sandhawalia

body2025

Judgment text

Extracted from the PDF above. The PDF is authoritative.

2025:HHC:26366 IN THE HIGH COURT OF HIMACHAL PRADESH SHIMLA CWP No. 5583 of 2024 Decided on: 04 th August , 2025 __________________________________________________ Bhoop Ram Sharma ....Petitioner Versus State Bank of India and another ...Respondents ___________________________________________________ Coram Hon’ble Mr. Justice G.S. Sandhawalia, Chief Justice Hon'ble Mr. Justice Bipin C. Negi, Judge Whether approved for reporting? 1 For the petitioner: Mr. Praveen Sharma, Advocate. For the respondents: Mr. Arvind Sharma, Advocate, for respondent No.1-SBI. Mr. Arsh Rattan, Deputy Advocate General, for respondent No.2-State. G.S. Sandhawalia, Chief Justice (Oral) The affidavit of Chief Manager-cum-Authorized Officer, Stressed Assets Recovery Branch (SARB), Kasumpti, Shimla, has been filed in pursuance of the last order dated 15.07.2025, which reads as under:- “As per application filed [i.e. CMP No.15438 of 2025] it has been mentioned that Rs.22,20,000/- had already been deposited against the outstanding amount of Rs.27,47,170/- and only a sum of Rs.5,47,170/- plus interest is outstanding. Counsel for the petitioner further submits that after filing of the application a sum of Rs.5,45,000/- has also been deposited. Counsel for the Bank prays for time to file necessary affidavit as to what amount is outstanding, so that matter is given closure in view of the heavy deposits. List on 4th August, 2025.” 1 Whether reporters of Local Papers may be allowed to see the judgment? 2. The affidavit would go on to show that two loan accounts of the present petitioner have been closed and only one Working Capital Term Loan Account is left having closure balance amount of Rs.5,62,334/- as on 02.08.2025 plus expense and future interest. 3. The loan account as on date is stated to be standard and has been transferred from recovery cell to the concerned branch i.e. State Bank of India, Theog. It has further been deposed that authorized officer is not proceeding further under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Act, 2002. 4. Keeping in view the above, counsel does not press the present petition. Accordingly, the present petition is dismissed as having become infructuous. Pending application(s), if any, shall also stand disposed of. ( G.S. Sandhawalia ) Chief Justice 04 th August , 2025 ( Bipin C. Negi ) (ankit) Judge 2