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2025 DAILYLAW 34702 (HP)

M/S YASHASHIVIKA GARMENTS v. PNB CIRCLE SASTRA AND ANR

LPA/766/2025 · 2025-11-11

Gurmeet Singh Sandhawalia, Jiya Lal Bhardwaj

body2025

Judgment text

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1 2025:HHC:37877 IN THE HIGH COURT OF HIMACHAL PRADESH SHIMLA LPA No. 766 of 2025 Date of decision: 11.11.2025. ________________________________________________________ M/s Yashashivika Garments …..Appellant Versus Punjab National Bank & another ...Respondents ________________________________________________________ Coram: The Hon’ble Mr. Justice G.S. Sandhawalia, Chief Justice. The Hon’ble Mr. Justice Jiya Lal Bhardwaj, Judge. Whether approved for reporting?1 ________________________________________________________ For the Appellant: Mr. Suneel Awasthi, Advocate. For the Respondents: Mr. Sanjay Dalmia, Advocate. G.S. Sandhawalia , Chief Justice (Oral) Learned Counsel for the appellant does not press the present appeal directed against the order of the learned Single Judge, passed in CWP No. 14876 of 2025, titled as M/s Yashashivika Garments Vs. Punjab National Bank and another, dated 15.09.2025, whereby certain directions were issued. 1 Whether the reporters of Local Papers may be allowed to see the judgment? 2 2. It is not disputed that fresh demand notice dated 15.05.2025 under Section 13 read with Rule 3 of the Security Interest (Enforcement) Rules, 2002 (for short ‘the Rules’) has been issued, in pursuance to which a subsequent order has been passed on 01.10.2025 under Rule 8(1) of the Rules, whereby possession notice has been issued. The same is subsequent to the order passed by the learned Single Judge. 3. In such circumstances, the learned Counsel for the appellant is permitted to withdraw the present appeal with liberty to press for his remedy, in accordance with law. 4. Pending application(s), if any, also stands disposed of. (G.S. Sandhawalia) Chief Justice. November 11, 2025 (Jiya Lal Bhardwaj) (hemlata) Judge.