M/S S.R.P. ROADLINES, THROUGH ITS PROPRIETOR SRI PRAHLAD KUMAR PRASAD v. CANARA BANK, THROUGH ITS SPECIALISED ASSET RECOVERY MANAGEMENT (SARM) BRANCH
WPC/4815/2026 · 2026-07-08
Sri Ananda Sen
Writ Petition (Civil)body2026
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[ 2026 DAILYLAW 20148 (JHR) · dailylaw.ai ]
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[ 2026 DAILYLAW 20148 (JHR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
2026:JHHC:20044 1
IN THE HIGH COURT OF JHARKHAND AT RANCHI
WP(C) No.4815 of 2026
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1. M/s S.R.P. Roadlines, a Proprietary Firm engaged in the business of transport and logistics, through its Proprietor Sri Prahlad Kumar Prasad, aged about 46 years, son of Sri Shree Ram Prasad, having its office and place of business at H. No. C-4, Rajubagan Road No. 7, Kitadih West, P.O. Tatanagar, Thana Parsudih, Jamshedpur, District East Singhbhum, Jharkhand - 831002;
2. Sri Prahlad Kumar Prasad, aged about 46 years, son of Sri Shree Ram Prasad, Proprietor of Petitioner No. 1, resident of H. No. C-4, Rajubagan Road No. 7, Kitadih West, P.O. Tatanagar, Thana Parsudih, Jamshedpur, District East Singhbhum, Jharkhand - 831002.
3. Sri Shree Ram Prasad, son of Sri Manharan Bhagat, aged about 74 years, resident of H. No. C-4, Rajubagan Road No. 7, Kitadih West, P.O. Tatanagar, Thana Parsudih, Jamshedpur, District East Singhbhum, Jharkhand 831002.
… Petitioner(s).
Versus
1. Canara Bank, a body corporate constituted under the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970, having its Head Office at No. 112, J.C. Road, Bangalore 560002, and operating, inter alia, through its Specialised Asset Recovery Management (SARM) Branch, Circle Office, Kaushalya Chambers, PP Compound, Main Road, Ranchi-834001;
2. The Authorised Officer, Canara Bank, SARM Branch, Circle Office, Kaushalya Chambers, PP Compound, Main Road, Ranchi - 834001;
3. Debts Recovery Tribunal, Ranchi, through its Registrar, having its office at 5th Floor, Pragati Sadan, Ranchi, Jharkhand
… Respondent(s).
CORAM :
SRI ANANDA SEN, J.
------ For the Petitioner(s) : Mr. Piyush, Advocate For the Respondent(s) : Mr. Pratyush Kumar, Advocate …......
02 /08.07.2026: Since the petitioners have already challenged the order of rejection before the Debts Recovery Tribunal, Ranchi, the
learned counsel for the petitioners seeks permission to withdraw this writ petition to pursue their remedy before the Debts Recovery Tribunal, Ranchi.
2026:JHHC:20044 2
2. Prayer is allowed.
3. Accordingly, this writ petition is dismissed as withdrawnwith the aforesaid liberty to the petitioners.
4. I.A. No. 7865 of 2026 stands disposed of.
(ANANDA SEN, J.) 08.07.2026 Tanuj/CP-2
Uploaded on 13.07.2026