2025:CGHC:40020 NAFR HIGH COURT OF CHHATTISGARH AT BILASPUR WPC No. 1546 of 2015 1 - Punjab National Bank Aged About 33 Years A Banking Company Constituted Under The Banking Companies Acquisitioin And Transfer Of Undertakings Act, 1970, Having Its Head Office At 7 Bhikaji Cama Place, New Delhi, Branch Amongst Others At Anupam Nagar, Raipur, Chhattisgarh, Pin Code- 492001, Chhattisgarh ... Petitioner versus 1 - State Of Chhattisgarh Through The Secretary, Commercial Tax Department, Mahanadi Bhawan, Naya Raipur, Raipur, Chhattisgarh Pin Code- 492002, Chhattisgarh 2 - Assistant Commissioner, Commercial Tax Sales Tax, Raipur Circle, Raipur, Chhattisgarh Pin Code- 492001, District : Raipur, Chhattisgarh 3 - Commercial Tax, Officer, Raipur Circle-9, Raipur, Chhattisgarh Pin Code 492001, District : Raipur, Chhattisgarh 4 - M/s. Vindhyavasini Industries Limited, A Company Incorporated Under The Companies Act, 1956 Having Its Registered Office At 502- 508, Urla Industrial Area, Urla, Raipur, Chhattisgarh Pin Code 492001........... Borrower, District : Raipur, Chhattisgarh 5 - Smt. Saroj Singhania W/o Shri Kapiraj Singhania, Aged About 52 Years Director Of M/s. Vindhyavasini Industries Limited, R/o 204, Exotica Grand Apartment, Near T. V. Tower, Shankar Nagar, Raipur, Chhattisgarh Pin Code 492001 ........Guarantor , District : Raipur, Chhattisgarh 6 - Shri Arun Todi S/o Shri Hariram Todi, Aged About 58 Years Director Of M/s. Vindhyavasini Industries Limited, R/o B- 27/92, Plot No. 69, Jawahar Nagar, Bhelupur, Varanasi Uttar Pradesh Pin Code 221001...........Guarantor, District : Varanasi, Uttar Pradesh 7 - Shri Kapiraj Singhania, S/o Shri Maloo Ram Singhania, Aged About 52 Years R/o 204, Exotica Grand Apartment, Near T. V. Tower, Shankar Nagar, Raipur, Chhattisgarh Pin Code 492001............... Guarantor, District : Raipur, Chhattisgarh 8 - Central Bank Of India, A Body Corporate Constituted Under The Banking Companies Acquisition And Transfer Of Undertaking Act V, 1970 Having Its Central Office At Chandermukhi, Nariman Point, Mumbai 400021, And A Branch Office Amongst Other Places Known As Main Bvranch, G. E. Road, Raipur Chhattisgarh, Pin Code 492001., District : Raipur, Chhattisgarh ---- Respondents For Petitioner : Mr. Sharad Mishra, Advocate For State : Mr. Kalpesh Ruparrel, Panel Lawyer For R4,5 and 7 : Mr. Ankit Singhal, Advocate Hon'ble Shri Justice Narendra Kumar Vyas Order on Board 11.08.2025 1. Learned counsel for the petitioner would submit that he may be permitted to withdraw the writ petition with liberty to avail remedy available under the law against the private respondents, if exigency so arises. 2. Considering the submission made by the learned counsel for the petitioner, the writ petition is dismissed as withdrawn with the aforesaid liberty in favour of the petitioner. Sd/- (Narendra Kumar Vyas) Judge Deshmukh KISHORE KUMAR DESHMUKH Digitally signed by KISHORE KUMAR DESHMUKH Date: 2025.08.13 10:58:58 +0530