Extracted from the PDF above. The PDF is authoritative.
CWP-5986-2025 (O&M) 112 IN THE HIGH COURT OF PUNJAB AND HARYANA
Balbir Singh
HDFC Bank Limited and another
CORAM: HON
HON
Present:- Mr.
Mr. Vaibhav Singh Tara, Advocate for the respondent
SUDHIR SINGH
Present petition has been filed Constitution of India seeking issuance of a Writ in the nature of for directing respondent No.1 to restructure the loan accounts No.650146213 and 649687612.
2.
At the outset, submits that in case, the he may avail remedy available to 17 of the Securitisation And Reconstruction Enforcement before the Debt 2025 (O&M)
IN THE HIGH COURT OF PUNJAB AND HARYANA CHANDIGARH Date of decision:
versus HDFC Bank Limited and another HON’BLE MR. JUSTICE SUDHIR SINGH HON’BLE MRS. JUSTICE SUKHVINDER KAUR Mr. Kanwaljeet Singh, Advocate for the Mr. Vaibhav Singh Tara, Advocate for the respondent ***** SUDHIR SINGH, J. (ORAL) Present petition has been filed Constitution of India seeking issuance of a Writ in the nature of for directing respondent No.1 to restructure the loan accounts No.650146213
87612. At the outset, learned counsel for respondent in case, the petitioner has any grievance avail remedy available to him by filing Securitisation And Reconstruction Enforcement of Security Interest Act, 2002 Debts Recovery Tribunal (for short ‘DRT’) 1 of 2 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP-5986-2025 (O&M) Date of decision: March 05, 2025 ….Petitioner ….Respondents SUDHIR SINGH SUKHVINDER KAUR Advocate for the petitioner. Mr. Vaibhav Singh Tara, Advocate for the respondent – Bank. Present petition has been filed under Article 226 of the Constitution of India seeking issuance of a Writ in the nature of Mandamus for directing respondent No.1 to restructure the loan accounts No.650146213
learned counsel for respondent No.1 – Bank any grievance qua his loan accounts, by filing an application under Section Securitisation And Reconstruction of Financial Assets and f Security Interest Act, 2002 (for short ‘SARFAESI Act’) (for short ‘DRT’) concerned. 2
2025 (O&M) March 05, 2025 Petitioner s under Article 226 of the Mandamus for directing respondent No.1 to restructure the loan accounts No.650146213 Bank , an application under Section nd (for short ‘SARFAESI Act’) MAHAVIR SINGH 2025.03.07 17:23 I attest to the accuracy and authenticity of this order/ judgment
CWP-5986-2025 (O&M)
2 of 2
3.
Learned counsel for the petitioner is amenable to the aforesaid, and seeks liberty to file an application, as suggested above or to avail any other alternative remedy available under the aforesaid statute.
4.
In view of the above, this petition is disposed of, with liberty to the petitioner to file an application under Section 17 of the SARFAESI Act before the DRT concerned or avail any other alternative remedy available under the aforesaid statute, for redressal of his grievance.
5.
Pending application(s), if any, shall also stand disposed of.
(SUDHIR SINGH)
JUDGE
(SUKHVINDER KAUR)
JUDGE March 05, 2025 mahavir
Whether speaking/reasoned: Yes/No
Whether reportable:
Yes/No MAHAVIR SINGH 2025.03.07 17:23 I attest to the accuracy and authenticity of this order/ judgment