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High Court of Jharkhand · body

2026 DAILYLAW 19456 (JHR)

OCEANIK BUILDITECH AND CONSTRUCTION PVT. LTD. THRO ITS AUTHORIZED OFFICER ASHWANI K RAI v. BANK OF INDIA, THROUGH ITS BRANCH MANAGER

WPC/4771/2026 · 2026-07-07

Sri Ananda Sen

Writ Petition (Civil)body2026

Judgment text

Extracted from the PDF above. The PDF is authoritative.

2026:JHHC:19927 1 IN THE HIGH COURT OF JHARKHAND AT RANCHI W.P.(C) No. 4771 of 2026 ------ 1. Oceanik Builditech and Construction Private Limited, having its office at HI-78, Harmu Housing Colony, PO & PS-Argora, District- Ranchi, through its Authorized Officer Ashwani K Rai, Son of Binay Kumar Rai, aged about 40 years, Resident of B-44, Harmu Housing Colony, PO & PS-Argora, Dist-Ranchi. 2. Sushil Kumar, Son of Late Lalan Singh, aged about 46 years, Resident of Amba Nagar, Road No.3, Panchseel Nagar, Pandra, Hehal, PO & PS-Hehal, Dist-Ranchi. … … Petitioner(s) Versus 1. Bank of India, through its Branch Manager, officiating from his office at Club Side Branch, 1st Floor, Good Books Building, Main Road (South), PO GPO, PS-Kotwali, Dist-Ranchi. 2. Chief Manager, Ranchi Recovery Branch, Bank of India, officiating from his office at Pradhan Towers (2nd Floor), Near Overbridge, Main Road, PO, GPO, PS-Kotwali, Dist-Ranchi. 3. District Certificate Officer, Ranchi, officiating from his office at Office of District Certificate Officer, Ranchi, Collectorate Building, PO & PS-Kutchery, Dist-Ranchi. 4. Deputy Commissioner, Ranchi, officiating from his office at Office of Deputy Commissioner, Ranchi, Collectorate Building, PO & PS- Kutchery, Dist-Ranchi. 5. M/s BMP Ploymers, a Partnership firm, having its office at Village Haratu, Dhel Wakhatu, PO & PS-Sikidri, Dist-Ranchi. 6. Yogesh Kumar Sahu, son of Goberdhan Sahu, Resident of Near Hanuman Mandir, Argora, PO & PS-Argora, Dist-Ranchi. … … Respondent(s) ------ CORAM : SRI ANANDA SEN, J. ------ For the Petitioner(s) : Mr. Kalyan Roy, Sr. Advocate Ms. Shivani Jaluka, Advocate For the Respondent(s) : Mrs. Moushmi Chatterjee, AC to GA-V Mr. Rohit Ranjan Sinha, Advocate Dr. Gyanendra Kumar, Advocate ------ 02/ 07th July, 2026 1. Learned counsel representing the petitioners seeks permission to withdraw this writ application with a liberty to approach Debt Recovery Tribunal which is the statutory alternative forum available to the petitioners. 2. Prayer is allowed. 3. Accordingly, this writ application is disposed of as withdrawn with the aforesaid liberty. (ANANDA SEN, J.) 07th July, 2026 S.K.D/CP-2 Uploaded on 09.07.2026