Extracted from the PDF above. The PDF is authoritative.
Neutral Citation No. - 2025:AHC:21807-DB Court No. - 39 Case :- WRIT - C No. - 3419 of 2025 Petitioner :- Suraj Prasad Yadav Respondent :- Union Of India And Another Counsel for Petitioner :- Prabhav Srivastava,Shikher Trivedi Counsel for Respondent :- A.S.G.I.,Abhay Pratap Singh,Anoop Tiwari Hon'ble Siddhartha Varma,J. Hon'ble Dr. Yogendra Kumar Srivastava,J.
1. Heard learned counsel for the petitioner, Sri Anoop Tiwari,
learned counsel for respondent no.1, Union of India and Sri Abhay Pratap Singh, learned counsel for the respondent-bank.
2. Contention of the counsel for the petitioner is that the petitioner is ready and willing to pay the entire amount payable to the bank, in easy installments.
3. Learned counsel for the respondent-bank has stated that in pursuance of the notice dated 21.12.2024 the auction was held on
23.01.2025. Learned counsel, therefore, states that this writ petition would not be entertainable in view of the law laid down by the Supreme Court in Celir LLP Vs. Bafna Motors (Mumbai) Pvt. Ltd. and others, (2024) 2 SCC 1.
4. Under such circumstances, no interference is warranted. The petition stands dismissed accordingly.
5. However, the petitioner shall be at liberty to approach the Debts Recovery Tribunal under Section 17 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
Order Date :- 14.2.2025 Shahroz (Dr. Y.K. Srivastava,J.) (Siddhartha Varma,J.) Digitally signed by :- SHAHROJ ALAM High Court of Judicature at Allahabad