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2025 DAILYLAW 18905 (JHR)

RAKESH KUMAR JHA v. THE BANK OF INDIA, ASSET RECOVERY BRANCH THROUGH AUTHORIZED OFFICER

WPC/3225/2025 · 2025-07-03

Gautam Kumar Choudhary

Transfer Petitionbody2025

Judgment text

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2025:JHHC:17766 IN THE HIGH COURT OF JHARKHAND AT RANCHI W. P. (C) No. 3225 of 2025 Rakesh Kumar Jha, S/o Late Deepnarayan Jha, R/o Deepnarayan Bhawan, I.T.I. Road, Dungri, P.O. Hatia, PS- Kharsidag (OP), District- Ranchi, Jharkhand. .... .. ... Petitioner(s) Versus 1.The Bank of India, Asset Recovery Branch, through authorized Officer, Pradhan Tower (2nd Floor), Near Overbridge, Main Road, Ranchi. 2.The Chief Manager of Shyamli Branch, Ranchi, Bank of India, at Pradhan Palace, North Office Para, PO & PS Doranda, District- Ranchi, Jharkhand. 3.The Authorized Officer of Shyamli Branch, Ranchi, Bank of India, at Pradhan Palace, North Office Para, PO & PS Doranda, District- Ranchi, Jharkhand. .. ... ...Respondent(s) ........... CORAM :HON'BLE MR. JUSTICE GAUTAM KUMAR CHOUDHARY ......... For the Petitioner (s) : Mr. Mohan Kr. Dubey, Advocate Mr. Utpal Kant, Advocate For the Resp(s)./BOI : Mr. Gyanendra Kumar, Advocate ……… 02/ 03.07.2025. On the prayer of learned counsel for the petitioner, the instant Writ Petition is dismissed as withdrawn. However, liberty is reserved with the petitioner to move before the Deb t Recovery Tribunal within one month which is the appropriate authority /forum for deciding the issue in the instant Writ Petition arising out of SARFAESI Act, 2002. In the meantime, no coercive measure will be taken so far as petitioner above-named is concerned. (Gautam Kumar Choudhary, J.) Sandeep/