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2025 DAILYLAW 86633 (PNJ)

M/S BIR INDUSTRIES AND ANOTHER v. DISTRICT MAGISTRATE CUM DEPUTY COMMISSIONER YAMUNA NAGAR AND OTHERS

CWP/24758/2022 · 2025-08-13

Sanjiv Berry

body2025

Judgment text

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CWP-24758-2022 (O&M) -1- IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP-24758-2022 (O&M) Date of decision: 13.08.2025 M/s Bir Industries and another ......Petitioners Versus District Magistrate-cum-Deputy Commissioner, Yamunanagar and others .........Respondents CORAM: HON'BLE MR. JUSTICE SHEEL NAGU, CHIEF JUSTICE HON’BLE MR. JUSTICE SANJIV BERRY Present: Mr. Sachin Kamboj, Advocate, for Mr. Vivek Goyal, Advocate, for the petitioners. Mr. Salil Sabhlok, Senior DAG, Punjab. Mr. Saurav Goyal, Advocate, for Mr. Gaurav Goyal, Advocate, for the respondent-bank. *** SHEEL NAGU, C.J. (ORAL) 1. Learned counsel for the rival parties do not dispute that the issue of validity of the decision to declare the loan account as Non Performing Asset (NPA), especially where the borrower is MSME, is no more res integra in view of the decision rendered by a Co-ordinate Bench of this Court in M/s Technico Strips and Tubes Private Limited and another vs. Deutsche Bank AG and another, CWP-21657-2022 & connected matters (decided on 18.12.2023). AJAY PRASHER 2025.08.19 10:39 I attest to the accuracy and integrity of this document CWP-24758-2022 (O&M) -2- 2. In view of the above, the present petition stands disposed of by mutatis mutandis applying the said decision of the Co-ordinate Bench to the facts of the present case. (SHEEL NAGU) CHIEF JUSTICE (SANJIV BERRY) JUDGE 13.08.2025 Ajay Prasher Whether speaking/reasoned : Yes/No Whether reportable : Yes/No AJAY PRASHER 2025.08.19 10:39 I attest to the accuracy and integrity of this document