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2026 DAILYLAW 16482 (GAU)

BHASKAR JYOTI HALOI AND ANR v. THE BANK OF BARODA AND 3 ORS

WP(C)/5563/2026 · 2026-10-08

Devashis Baruah

Writ Petition (Civil)body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

Page No.# 1/3 GAHC010225862026 2026:GAU-AS:15305 THE GAUHATI HIGH COURT (HIGH COURT OF ASSAM, NAGALAND, MIZORAM AND ARUNACHAL PRADESH) Case No. : WP(C)/5563/2026 BHASKAR JYOTI HALOI AND ANR S/O - HARMOHAN HALOI R/O- 1137 CHINAKI PATH BYE LANE - 6 PANIGAON NEAR SHIV MONDIR NAGAON ITACHALI, NAGAON, ASSAM, PIN 782003. 2: MS VISIONARY DEVELOPMENT GROUP REPRESENTED BY ITS PROPRIETOR- BHASKAR JYOTI HALOI PETITIONER NO. 1 ADDRESS - 2ND FLOOR HOUSE NO. 9 - DALIMI SWEETS HATIGAON MAIN ROAD KAMRUP METRO ASSAM GUWAHATI - 781038 VERSUS THE BANK OF BARODA AND 3 ORS A BODY CORPORATE CONSTITUTED UNDER THE BANKING COMPANIES (ACQUISITION AND TRANSFER OF UNDERTAKINGS) ACT, 1970 HAVING ITS HEAD OFFICE AT BARODA BHAVAN, RC DUTT ROAD, ALKAPURI VADODARA, GUJARAT - 390007, REPRESENTED BY ITS MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER 2:THE GENERAL MANAGER AND ZONAL HEAD BANK OF BARODA NORTHEASTERN STATES ZONE ADDRESS - SETHI TRUST BUILDING UNIT- II 2ND FLOOR G.S ROAD BHANGAGARH GUWAHATI- 781005. 3:THE ZONAL OFFICE COMMITTEE FOR CLASSIFICATION OF FRAUD BANK OF BARODA NORTHEASTERN STATES ZONE Page No.# 2/3 ADDRESS- SETHI TRUST BUILDING UNIT- II 2ND FLOOR G.S ROAD BHANGAGARH GUWAHATI- 781005. 4:THE RESERVE BANK OF INDIA REPRESENTED BY THE REGIONAL DIRECTOR REGIONAL OFFICE STATION ROAD PAN-BAZAR GUWAHATI -781001 For the Petitioner(s) : Mr. B.D. Das, Sr. Advocate Mr. H.R. Das, Advocate For the Respondent(s) : Mr. M. Dutta, Sr. Advocate Mr. D. Malakar, Advocate BEFORE HONOURABLE MR. JUSTICE DEVASHIS BARUAH ORDER Date : 09.10.2026 Mr. M. Dutta, the learned Senior Counsel assisted by Mr. D. Malakar, the learned counsel appearing on behalf of the Bank of Baroda, more particularly the respondent Nos. 1 to 3 submitted that the reasoned order dated 29.09.2026 which has been assailed in the present proceedings is being withdrawn by the respondent Nos. 1, 2 and 3 in view of the judgment of the Supreme Court in the case of State Bank of India v. Amit Iron Private Limited & Others reported in 2026 SCC OnLine SC 538 and the respondents would proceed de novo by providing the petitioners with a copy of the forensic audit report and thereby Page No.# 3/3 giving the petitioners an opportunity. 2. Taking into account the above, this Court disposes of the instant writ petition with the following observations and directions: (i) The reasoned order dated 29.09.2026 impugned in the present proceedings shall not be acted upon by the respondent Nos. 1, 2 and 3. (ii) The respondent Nos. 1, 2 and 3 shall be at liberty to proceed de novo by providing the petitioners with a copy of the forensic audit report and giving the petitioners an opportunity to submit a representation/objection to the said report and thereupon proceed in accordance with law. JUDGE Comparing Assistant