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2025 DAILYLAW 4758 (JHR)

BINAYAK KUMAR v. PUNJAB NATIONAL BANK THROUGH ITS CHIEF MANAGER

WPC/594/2024 · 2025-07-16

Rajesh Shankar

Writ Petition (Civil)body2025

Judgment text

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2025:JHHC:19302 1 IN THE HIGH COURT OF JHARKHAND AT RANCHI W.P.(C) No.594 of 2024 ----- Binayak Kumar, son of Late Braj Kishore Kumar, Resident of Plot No. B-1, Phase-I, Industrial Area (Near Old UBI), Balidih, P.O. & P.S. Balidih, District-Bokaro. .......... Petitioner. -Versus- Punjab National Bank, through its Chief Manager, having its office at Sector-IV, Bokaro Steel City, P.O. & P.S. Bokaro, Town and District-Bokaro, Jharkhand. .......... Respondent. ----- CORAM : HON’BLE MR. JUSTICE RAJESH SHANKAR ----- For the Petitioner : Mr. Nitin Kumar Pasari, Advocate For the Respondent: Mr. P.S.A. Pati, Advocate ----- Order No.07 Date: 16.07.2025 1. Mr. P.S.A. Pati, learned counsel for the respondent-Bank submits that during pendency of the writ petition, the principal amount deposited by the petitioner (auction purchaser) with respect to the property in question has already been returned to him. 2. Learned counsel for the petitioner submits that since the petitioner was dispossessed from the property in question in terms with the order passed by the Debts Recovery Tribunal, Ranchi on an application filed by the Borrower, he suffered loss of business and, thus, deserves to be monetarily compensated. 3. Having heard learned counsel for the parties and considering that the respondent-Bank has already returned the principal amount paid by the petitioner with respect to the auction purchase of the property in question, I see no reason to further proceed in the present matter. 4. The present writ petition is, accordingly, disposed of. 2025:JHHC:19302 2 5. So far as the additional amount claimed by the petitioner for loss of business etc. due to his dispossession from the property in question is concerned, he is at liberty to take appropriate recourse towards the same as permissible under law. 6. Pending interlocutory application(s), if any, stands closed. (Rajesh Shankar, J.) Rohit/