M/S CAPITAL TRADING CORPORATION v. PUNJAB NATIONAL BANK
WPC/2646/2026 · 2026-05-20
Shri Narendra Kumar Vyas
body2026
DailyLaw.ai
[ 2026 DAILYLAW 18879 (CHH) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 18879 (CHH) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
1
2026:CGHC:23418
NAFR HIGH COURT OF CHHATTISGARH AT BILASPUR WPC No. 2646 of 2026 1 - M/s Capital Trading Corporation A Partnership Firm Having Its Office At House No. 11, Sanjay Nagar Santoshi Nagar Chowk Raipur, District- Raipur, C.G. Through Its Parthner, M/s Vidit Trading Company Private Limited Through Director Rambali Yadav, S/o Shri Bhagwan Das, Aged About 31 Years, R/o Infront Of Sahani Park, G F Palace, Ring Road No. 1, Kashiram Nagar, Raipur, District - Raipur, CG 2 - M/s Vidit Trading Company Private Limited Having Its Office At Gursukh Tower Main Road Katora Talab Raipur, District - Raipur, Cg Through Its Director Rambali Yadav, S/o Shri Bhagwan Das Aged About 31 Years, R/o Infront Of Sahani Park, G F Palace, Ring Road No. 1, Kashiram Nagar, Raipur District - Raipur, CG. 3 - Subhash Sharma S/o L. P. Sharma Aged About 65 Years R/o Hig C 109/a, Shailendra Nagar, Raipur, District - Raipur CG. 4 - M/s Ganga Maiya Finance Company Proprietorship Firm Through Proprietor Subhash Sharma S/o L. P. Sharma Aged About 65 Years R/o Hig C 109/a, Shailendra Nagar, Raipur, District - Raipur, Cg. Having Its Office At First Floor, At Mauja Puraina Under Yojana Of Shri Ram Avas Avam Vyavsay Sahkari Samiti Maryadit Ring Road Opposite M. M Plaza, Raipur, District - Raipur C.G.
... Petitioner(s) versus AKHILESH KUMAR DEWANGAN Digitally signed by AKHILESH KUMAR DEWANGAN
2 1 - Punjab National Bank Through Its Authorized Officer, Having Its Officer At Katora Talab, Phool Chowk, Raipur, District - Raipur, CG. 2 - Habibul Rehmen S/o Mohammed Suleman R/o House No. 1273, Kailash Nagar, Kurud, Bhilai, Behind Fatima Building, Jamul, Jamul Cements Works, Durg, District - Durg, CG.
... Respondent(s) For Petitioner(s) : Mr. Shobhit Koshta, Advocate. For Respondent(s) : Mr. Sharad Mishra, Advocate. Hon'ble Shri Justice
Narendra Kumar Vyas
Order on Board 21/05
/2026
1.
Learned counsel for respondent No. 1 would submit that the petitioners have already exhausted remedy available to them before the Debts Recovery Tribunal, Jabalpur, therefore the instant petition has become infructuous.
2. Considering the submission made by learned counsel for petitioners, the instant petition is disposed of with liberty to approach DRT / DRAT as per the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 in accordance with law.
3. In the eventuality of filing such application, it is expected that the D.R.A.T. shall consider and decide the same expeditiously. Sd/- (Narendra Kumar Vyas) Judge Akhil