GURMEET SINGH AND ANR. v. RESERVE BANK OF INDIA AND ORS.
CWP/25718/2022 · 2025-08-29
Sanjiv Berry
body2025
DailyLaw.ai
[ 2025 DAILYLAW 89098 (PNJ) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 89098 (PNJ) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH 120 CM-12570-CWP-2025 & CM-12571-CWP-2025 IN/& CWP-25718-2022 (O&M) Date of Decision:- 29.08.2025 GURMEET SINGH ....Petitioner(s) Versus RESERVE BANK OF INDIA ...Respondent(s)
CORAM: HON'BLE MR. JUSTICE SHEEL NAGU, CHIEF JUSTICE HON'BLE MR. JUSTICE SANJIV BERRY Present: Mr. Lalit Kumar Yadav, Advocate for the petitioner. * * * * SHEEL NAGU, C.J.
(Oral)
CM-12570-CWP-2025 & CM-12571-CWP-2025 The present applications have been filed seeking to place on record the possession notice dated 12.08.2025 and to stay its operation. With the consent of learned counsel for the petitioner, the main case itself is taken up on board today. Main case
1. When this Court took cognizance of the matter, which is filed by borrowers, an order was passed on 14.11.2022, directing the counsel for the petitioners to produce notices issued under Sections 13(2) and 13(4) of SARFAESI Act.
2. CM-12571-CWP-2025 has been filed, but neither notice under Section 13(2) nor notice under Section 13(4) has been annexed thereto. However, the aforesaid application is accompanied with a legal notice, reading of which indicates that Section 14 order was passed on 14.07.2025 SANDAL SHARMA 2025.09.01 11:39 I attest to the accuracy and authenticity of this
order/judgment
CM-12570-CWP-2025 & CM-12571-CWP-2025 IN/& CWP-25718-2022 (O&M) -2-
by the Chief Judicial Magistrate, Panchkula, Haryana.
3. If that be so, the petitioner is free to assail the aforesaid order before the jurisdictional Debt Recovery Tribunal.
4. With aforesaid liberty, the present petition stands disposed of.
5. Pending applications, if any, also stand disposed of.
(SHEEL NAGU) CHIEF JUSTICE (SANJIV BERRY) JUDGE 29.08.2025 S.Sharma i) Whether speaking/reasoned? Yes/No ii) Whether reportable? Yes/No SANDAL SHARMA 2025.09.01 11:39 I attest to the accuracy and authenticity of this
order/judgment