M/S COOLING POINT PROPRIETOR MOHD. ARSHI AND 2 OTHERS v. CANARA BANK THRU. AUTHORIZED OFFICER/ MANAGER BRANCH INDIRA NAGAR LUCKNOW
WRIC/5824/2025 · 2025-06-13
S Q H Rizvi, Saurabh Lavania
body2025
DailyLaw.ai
[ 2025 DAILYLAW 145724 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 145724 (ALL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
Neutral Citation No. - 2025:AHC-LKO:35476-DB Court No. - 2 Case :- WRIT - C No. - 5824 of 2025 Petitioner :- M/S Cooling Point Proprietor Mohd. Arshi And 2 Others Respondent :- Canara Bank Thru. Authorized Officer/ Manager Branch Indira Nagar Lucknow Counsel for Petitioner :- Mohammad Irfan Siddiqui Counsel for Respondent :- Vinay Shankar Hon'ble Saurabh Lavania,J. Hon'ble Syed Qamar Hasan Rizvi,J. Heard learned counsel for the petitioners and Shri Vinay Shankar, learned counsel for the respondent-Bank. This writ petition has been filed seeking the following main relief(s):-
"I. Issue a writ, order or direction in the nature of certiorari the quashing the impugned possession notice under Section 13(4) of SARFAESI Act, Canara Bank, Branch Indiranagar, Lucknow on 20.11.2024 issued by opposite party as Annexure No.1 to this writ petition in the interest of justice." On being asked by learned counsel for the respondent-Bank, he says that One Time Settlement Scheme is in existence and the case of the petitioners would be considered by the competent authority under the said Scheme, if the petitioner approaches the said authority. Accordingly, taking note of the aforesaid, the present petition is
disposed of without acceding the prayer sought in the present petition with liberty to the petitioner to move an application seeking benefit of One Time Settlement Scheme, which shall be considered as per law, most expeditiously.
Order Date :- 13.6.2025 Ashutosh Digitally signed by :- ASHUTOSH PANDEY High Court of Judicature at Allahabad, Lucknow Bench