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High Court of Punjab and Haryana · body

2025 DAILYLAW 38640 (PNJ)

UCO BANK v. DISTRICT MAGISTRATE AND ORS

CWP/10603/2021 · 2025-09-22

Sanjiv Berry

body2025

Judgment text

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108-CWP-10603-2021 -1- IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH CWP-10603-2021 Date of decision: 22.09.2025 UCO Bank ….Petitioner. Versus District Magistrate and others ....Respondents. CORAM: HON’BLE MR. JUSTICE SHEEL NAGU, CHIEF JUSTICE HON’BLE MR. JUSTICE SANJIV BERRY, JUDGE Present:- Ms. Palkin Bhardwaj, Advocate, for Mr. Vimal Kmar Gupta, Advocate, for the petitioner. Mr. Salil Sabhlok, Senior DAG, Punjab. Mr. Anil Kumar Ahuja, Advocate, for respondents No. 5 to 7. ..… SHEEL NAGU, CHIEF JUSTICE (Oral) This petition (CWP-10603-2021) has been filed by the Bank seeking directions to respondents No. 1 to 4 to hand over the physical possession of the secured asset under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short ‘the SARFAESI Act’). 2. Learned State counsel has brought on record a letter dated 02.07.2025 issued by the authorized officer of the Bank, informing that the physical possession of the secured asset has already been handed over. The said letter dated 02.07.2025 is taken on record as Annexure ‘H’. PREETI 2025.09.23 09:13 I attest to the accuracy and integrity of this document 108-CWP-10603-2021 -2- 3. Consequently, it appears that the cause raised by the petitioner in this petition (CWP-10603-2021) has become infructuous. 4. Disposed of as such. (SHEEL NAGU) CHIEF JUSTICE (SANJIV BERRY) 22.09.2025 JUDGE preeti i) Whether speaking/reasoned? Yes/No ii) Whether reportable? Yes/No PREETI 2025.09.23 09:13 I attest to the accuracy and integrity of this document