M/S SIDDHARTH ENTERPRISES AND 2 OTHERS v. STATE OF U.P. AND 2 OTHERS
WRIC/33240/2025 · 2025-10-05
Indrajeet Shukla, Saumitra Dayal Singh
body2025
DailyLaw.ai
[ 2025 DAILYLAW 99021 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 99021 (ALL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
HIGH COURT OF JUDICATURE AT ALLAHABAD WRIT - C No. - 33240 of 2025 Court No. - 3 HON'BLE SAUMITRA DAYAL SINGH, J.
HON'BLE INDRAJEET SHUKLA, J.
1. Heard learned counsel for the petitioners, learned Standing Counsel for the State and Sri Manish Mehrotra learned counsel for the respondent bank.
2. Present petition has been filed to assail the order/letter dated 19.08.2025 issued by the respondent bank under SARFAESI Act, 2002.
3. Presently, Sri Manish Mehrotra learned counsel for the respondent bank has raised preliminary objection on two counts. First, it has been submitted, parallel proceedings are already pending before DRT, Prayagraj being SA/951/2023. Second, the secured asset has been auctioned on 09.9.2025 and the Sale Certificate has also been issued.
4. In view of that preliminary objection being well founded, no interference is warranted in exercise of the extraordinary jurisdiction of the Court under Article 226 of the Constitution of India.
5. Writ petition is dismissed leaving it open to the petitioners to pursue their statutory remedies in accordance with law. October 6, 2025 Faraz Versus Counsel for Petitioner(s) : Abhai Kumar Singh, Achal Kumar Singh, Awadhesh Kumar Singh Counsel for Respondent(s) : Anadi Krishna Narayana (Indrajeet Shukla,J.) (Saumitra Dayal Singh,J.) M/S Siddharth Enterprises And 2 Others .....Petitioner(s) State Of U.P. And 2 Others .....Respondent(s) Digitally signed by :- FARAZ AHMAD High Court of Judicature at Allahabad