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2026 DAILYLAW 20120 (RAJ)

M/S NEELKANTH HANDICRAFTS v. INDUSIND BANK LTD.

CW/19630/2025 · 2026-01-19

Maneesh Sharma

Public Interest Litigationbody2026

Judgment text

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[2026:RJ-JP:2240] HIGH COURT OF JUDICATURE FOR RAJASTHAN BENCH AT JAIPUR S.B. Civil Writ Petition No. 19630/2025 1. M/s Neelkanth Handicrafts, H-156-A, Riico Ind. Area, Mansarovar, Jaipur, Rajasthan, Through Its Prop. Mohini Devi Rathi W/o Late. Sh Sevak Ram, 165, Basant Bahar Colony, Gopalpura Mode, Tonk Road, Jaipur, Rajasthan. 2. M/s Neel Kanth Exports, (Corporate Guarantor) Through It's Partner Kapil Maheshwari S/o Late Sh. Banshidhar Maheshwari Resident Of 165, Basant Bahar Colony, Gopalpura Mode, Tonk Road, Jaipur, Rajasthan. Branch Office H-149, Industrial Area Mansarover, Jaipur, Rajasthan. 3. M/s Neel Kanth Exports, (Corporate Guarantor) Through It's Partner Narendra Rathi S/o Sh. Gauri Shankar Rathi, Resident Of 159, Basant Bahar Colony, Gopalpura Mode, Tonk Road, Jaipur, Rajasthan. ----Petitioners Versus 1. IndusInd Bank Ltd., Jaipur Branch, Sangam Tower, Ground Floor, Church Road, Off. M I Road, Jaipur, Rajasthan, Through Its Authorized Officer. 2. Indsuind Bank Limited, Registered Office At 2401, Gen. Thimmayya Road, Pune 411001 Through It's General Manager. ----Respondents For Petitioner(s) : Mr. Vikas Kabra For Respondent(s) : HON'BLE MR. JUSTICE MANEESH SHARMA Order 19/01/2026 1. Learned counsel for the petitioners, after arguing the matter at some length, upon instructions from his clients, seeks permission to withdraw the present writ petition, with liberty to [2026:RJ-JP:2240] (2 of 2) [CW-19630/2025] avail the remedy of appeal under Rule 5 (5) of The Debts Recovery Tribunal (Procedure) Rules, 1993 (hereinafter referred to as 'the Rules of 1993'). 2. Permission sought for is granted. 3. Accordingly, the present writ petition is dismissed as withdrawn with the aforesaid liberty. In case the petitioner files an appeal under Rule 5 (5) of the Rules of 1993, alongwith an application under Section 14 of the Limitation Act, 1963, the same shall be considered in accordance with the law. 4. All other pending application(s), if any, stand disposed of. (MANEESH SHARMA),J SOURAV /32