Extracted from the PDF above. The PDF is authoritative.
Neutral Citation No. - 2025:AHC:31078-DB Court No. - 39 Case :- WRIT - C No. - 6560 of 2025 Petitioner :- Vijay Mehta Respondent :- State Of U.P. And 3 Others Counsel for Petitioner :- Manish Kumar Singh Counsel for Respondent :- Abhishek Ahuja,C.S.C. Hon'ble Siddhartha Varma,J. Hon'ble Dr. Yogendra Kumar Srivastava,J.
1. Sri Abhishek Ahuja, learned counsel appearing for the Bank has informed this Court that because there were defaults in the payment of the various instalments, the proceeding under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (hereinafter referred to as the "SARFAESI Act") had been initiated and thereafter the property had also now been sold off.
2. The petitioner if so desires can take recourse to the remedies under the SARFAESI Act.
3. The writ petitioner is accordingly, dismissed. Order Date :- 5.3.2025 M.S. Ansari (Dr. Y.K. Srivastava,J.) (Siddhartha Varma,J.) Digitally signed by :- MOHD SAQIB ANSARI High Court of Judicature at Allahabad