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2025 DAILYLAW 46030 (PNJ)

DAVINDER KUMAR v. CANARA BANK & ANR

CWP/10619/2025 · 2025-04-09

Anupinder Singh Grewal, Deepak Manchanda

body2025

Judgment text

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CWP-10619-2025 (O&M) 1 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 127 CWP-10619-2025 (O&M) Date of decision : 09.04.2025 Davinder Kumar ... Petitioner Versus Canara Bank and another .. Respondents CORAM : HON'BLE MR. JUSTICE ANUPINDER SINGH GREWAL HON'BLE MR. JUSTICE DEEPAK MANCHANDA Present:- Mr. Arpandeep Narula, Advocate for the petitioner. Mr. Gaurav Goel, Advocate for the respondent-Bank. *** Anupinder Singh Grewal, J. (Oral) Learned counsel for the petitioner submits that the respondent- Bank has erroneously issued notice under Section 13(2) of the SARFAESI Act on 19.02.2025 (Annexure P-5) although, the petitioner has been regularly paying the monthly installments. It appears that only a notice under Section 13(2) of SARFAESI Act has been issued and the respondent-Bank has not yet taken further action in the matter. At this juncture, the learned counsel for the petitioner submits that he may be permitted to withdraw this petition at this stage with liberty to submit a reply to the notice issued by the respondent-Bank under Section 13(2) of the SARFAESI Act. Therefore, the petition is disposed of with liberty to the KUMARI SAPNA 2025.04.09 15:56 I attest to the accuracy and integrity of this order/judgement CWP-10619-2025 (O&M) 2 petitioner to submit his response to the notice under Section 13(2) of the SARFAESI Act within a period of two weeks and the same would be considered in accordance with law by the respondent-Bank within a period of two weeks thereafter. (ANUPINDER SINGH GREWAL) JUDGE (DEEPAK MANCHANDA) JUDGE 09.04.2025 sapna Whether speaking/reasoned : Yes/No Whether reportable : Yes/No KUMARI SAPNA 2025.04.09 15:56 I attest to the accuracy and integrity of this order/judgement