PRAMOD KUMAR VERMA v. STATE OF U.P. THRU. COLLECTOR LAKHIMPUR KHERI AND 3 OTHERS
WRIC/8284/2025 · 2025-08-27
Pankaj Bhatia
body2025
DailyLaw.ai
[ 2025 DAILYLAW 160725 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 160725 (ALL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
HIGH COURT OF JUDICATURE AT ALLAHABAD LUCKNOW WRIT - C No. - 8284 of 2025 Court No. - 6 HON'BLE PANKAJ BHATIA, J.
1. Heard learned counsel for the petitioner and Shri Vinay Shankar,
learned counsel for the respondent.
2. The present petition has been filed by the petitioner aggrieved against the action of the respondent-Bank in issuing notices under Section 13(4) of the SARFAESI Act.
3. The contention of learned counsel for the petitioner is that the petitioner had approached respondent-Bank for One Time Settlement and had also paid a part of the said outstanding amount, however, no decision has been taken on the O.T.S. application.
4. Learned counsel for the respondent-Bank states that the said O.T.S. application was moved in December, 2023 and the same is not pending with the respondent-Bank.
5. Without going into the merits of the case, the present petition is
disposed of directing that the O.T.S. application filed on 21.12.2023 is pending with respondent No.3, the same will be considered and decided within a period of two weeks from today. In case, the said application is already disposed of, the petitioner would be entitled to move a fresh application for O.T.S., which shall also be considered by the respondent- Bank within a period of two weeks from the same being filed. Any decision taken in pursuance to the order Section 13(4) SARFAESI Act Versus Counsel for Petitioner(s) : Umesh Chandra Vishwakarma Counsel for Respondent(s) : C.S.C., Vinay Shankar Pramod Kumar Verma .....Petitioner(s) State Of U.P. Thru. Collector Lakhimpur Kheri And 3 Others .....Respondent(s)
will be subject to the decision of the respondent-Bank on the O.T.S. application. August 27, 2025 Ashutosh WRIC No. 8284 of 2025 2 (Pankaj Bhatia,J.) Digitally signed by :- ASHUTOSH PANDEY High Court of Judicature at Allahabad, Lucknow Bench Digitally signed by :- ASHUTOSH PANDEY High Court of Judicature at Allahabad, Lucknow Bench