IMAAD PARVEZ ROHELLA v. JAMMU AND KASHMIR BANK LIMITED AND ORS.
WP(C)/1264/2024 · 2025-07-21
Sanjay Parihar, Sanjeev Kumar
Writ Petition (Civil)body2025
DailyLaw.ai
[ 2025 DAILYLAW 7610 (JK) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 7610 (JK) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
Serial No.1 REGULAR CAUSE LIST
IN THE HIGH COURT OF JAMMU & KASHMIR AND LADAKH AT SRINAGAR CM(4308/2025) In WP(C) 1264/2024 Imaad Parvez Rohella …Petitioner(s) Through: Mr. M.Y. Bhat, Sr. Advocate with Mr. Sajid Ahmad, Advocate Vs. Jammu & Kashmir Bank Limited and Ors. ...Respondent(s) Through: Ms. Taniya, Advocate
CORAM:
HON’BLE MR. JUSTICE SANJEEV KUMAR, JUDGE.
HON’BLE MR. JUSTICE SANJAY PARIHAR, JUDGE.
ORDER 21.07.2025
01. Learned senior counsel appearing for the petitioner after arguing for a while and in view of subsequent developments, states at bar that the respondents have initiated the auction process in respect of the land in question and, therefore, he be permitted to withdraw this writ petition, with liberty to participate in the said auction process.
02. The statement of learned senior counsel appearing for the petitioner is taken on record. The writ petition is dismissed as withdrawn with liberty as prayed for. Since the petitioner has chosen not to contest the impugned notice issued under the SARFAESI Act, the amount of Rs.
MIR ARIF MANZOOR I attest to the accuracy and authenticity of this document 22.07.25
45.00 lacs claimably deposited by the petitioner with the Bank, is directed to be released in his favour.
03. The petitioner shall approach the Bank by tomorrow to withdraw the said amount of Rs. 45.00 lacs, which is reportedly kept in a Fixed Deposit Receipt (FDR). Needless to say, the Bank shall be free to proceed against the secured asset in accordance with law, including taking steps for eviction of the tenants, if any, found on the land.
(SANJAY PARIHAR) (SANJEEV KUMAR)
JUDGE
JUDGE
SRINAGAR: 21.07.2025
“Mir Arif”
(i) Whether the order is reportable? Yes/No. (ii) Whether the order is speaking? Yes/No.
MIR ARIF MANZOOR I attest to the accuracy and authenticity of this document 22.07.25