IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH 133 CWP-21778-2025 Date of Decision:- 31.07.2025 M/S VINEET MODERN STEEL FABRICATOR AND TRADING CO AND ANOTHER ....Petitioner(s) Versus UNION BANK OF INDIA AND OTHERS ...Respondent(s) CORAM: HON'BLE MR. JUSTICE SHEEL NAGU, CHIEF JUSTICE HON'BLE MR. JUSTICE SANJIV BERRY Present: Mr. Ajay Bhardwaj, Advocate for the petitioners. Mr. Shailender Kashyap, Advocate, Mr. Parshant Sethi, Advocate for respondent No.1. * * * * SHEEL NAGU, C.J. (Oral) 1. This petition has been filed by the borrower challenging the possession notice issued by the Naib Tehsildar-cum-Executive Magistrate, Kadipur, Gurugram, pursuant to the order passed under Section 14 of the SARFAESI Act by the District Magistrate, Gurugram. 2. During the course of arguments, it was disclosed that the petitioner has already approached the DRT in SA No.324 of 2023, which is pending adjudication, where the interim relief was declined on 17.06.2025, which does not seem to have been assailed further by the petitioner- SANDAL SHARMA 2025.08.01 10:37 I attest to the accuracy and authenticity of this order/judgment CWP-21778-2025 -2- borrower. 3. Since the petitioner has already availed a remedy, this Court declines interference and relegates the petitioner to pursue the remedy in the shape of SA No.324 of 2023. 4. Disposed of accordingly. (SHEEL NAGU) CHIEF JUSTICE (SANJIV BERRY) JUDGE 31.07.2025 S.Sharma i) Whether speaking/reasoned? Yes/No ii) Whether reportable? Yes/No SANDAL SHARMA 2025.08.01 10:37 I attest to the accuracy and authenticity of this order/judgment