SURAJ KUMAR SINGH v. INDIAN OVERSEAS BANK, THROUGH ITS CHIEF MANAGER
WPC/4503/2026 · 2026-07-22
Sri Ananda Sen
Writ Petition (Civil)body2026
DailyLaw.ai
[ 2026 DAILYLAW 22591 (JHR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 22591 (JHR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
2026:JHHC:21695 1
IN THE HIGH COURT OF JHARKHAND AT RANCHI
WP(C) No.4503 of 2026
----- Suraj Kumar Singh,Son of Dhanraj Singh, aged about 36 years, resident of Bansidih, Chas, Bokaro, P.O. & P.S.- Chas, Bokaro- 827013, Jharkhand.
… Petitioner(s).
Versus
1. INDIAN OVERSEAS BANK, through its Chief Manager, having its office at Indian Overseas Bank, Regional Office, Shantideep Tower, 1st Floor, Radium Road, KutcheryChowk, P.O.- G.P.O. & P.S.-Kotwali, Ranchi, Jharkhand - 834001.
2. THE MANAGER, Stressed Assets Management Department, Indian Overseas Bank, office at Indian Overseas Bank, Regional Office, Shantideep Tower, 1st Floor, Radium Road, KutcheryChowk, P.O.- G.P.O. & P.S.- Kotwali, Ranchi, Jharkhand - 834001.
3. THE BRANCH MANAGER, Indian Overseas Bank, having its officeat Ground Floor, Bypass Road, Chas, P.O. & P.S.- Chas, Bokaro, Jharkhand-827013. 4.The Deputy Commissioner, Bokaro, Sector 1C, Camp 2 Road, Sector-1, PO and PS Bokaro Steel City, Bokaro, Jharkhand
… Respondent(s).
CORAM :
SRI ANANDA SEN, J.
------ For the Petitioner(s) : Mr. Nitin Kr. Pasari, Advocate
Mr. Shubham Choudhary, Advocate For the State
: Mr. Shivam Kumar, AC to AG For the Resp. : Mr. D. K. Bharati, Advocate …...... 05 /22.07.2026: I.A. No. 9178 of 2026
This interlocutory application has been filed to add Deputy Commissioner, Bokaro as party-respondent. 2. Prayer is allowed. 3. Since the Deputy Commissioner is the Authority who has to dispose of an application under section 14 of the SARFAESI Act and in this case the application filed by the Indian Overseas Bank is dismissed, I am of the opinion that the Deputy Commissioner, Bokaro is the necessary party, thus, he is implicated as party-respondent no. 4. 4. The petitioner is directed to implead the Deputy
2026:JHHC:21695 2
Commissioner, Bokaro as party-respondent no. 4 and make necessary correction in the cause title with red ink. 5. Accordingly, this interlocutory application is allowed. WP(C) No. 4503 of 2026
6. By filing this writ petition the petitioner has prayed for the following reliefs:
“A. For issuance of an appropriate writ(s), order(s) or direction(s) directing the Respondents to show cause as to how and under what authority of law, the property was put to auction, when a SARFAESI Application was filed by the Original Borrower, which is pending before the Ld. Debt Recovery Tribunal as on date and why the said fact was suppressed at the time of publishing e-auction Sale Notice in the newspaper; B. For issuance of an appropriate writ(s), order(s) direction(s) directing the Respondents to show cause as to why the application for refund of an amount of Rs. 21,20,000/- received from the Petitioner towards purchase of the auctioned property has not been refunded till date, when time and again they have given assurances to refund the same; or C. For issuance of an appropriate writ(s), order(s) or direction(s) directing the Respondent Bank to forthwith refund to the Petitioner the entire sale consideration of Rs. 21,20,000/- deposited pursuant to the auction held on 28.07.2025, together with interest at 12% P.A. from the date of deposit till the date of actual realization; D. For issuance of any other appropriate writ, order, direction as Your Lordships may deem fit and proper in view of the facts and circumstances of the case for doing conscionable justice to the petitioner”
7.
The application filed by the respondent-Indian Overseas Bank under section 14 of the SARFAESI Act is dismissed by the respondent No.4-the Deputy Commissioner, Bokaro vide order dated 16.01.2025 which has been challenged by the Indian Overseas Bank in WP(C) No. 5092 of 2026, here the Deputy Commissioner, Bokaro is already a party. 8. The impugned order dated 16.01.2025 passed the Deputy Commissioner, Bokaro in SARFAESI case No.16 of 2023- 24 is already set-aside in WP(C) No. 5092 of 2026. 9. Accordingly, the Deputy Commissioner, Bokaro is
directed to is directed to pass a fresh order on the application preferred by the bank under Section 14 of SARFAESI Act within
2026:JHHC:21695 3
four weeks and depute necessary force to take over possession of the property in question within three weeks thereafter. The Bank thereafter taking possession will hand over the same to the petitioner within two weeks.
10. Accordingly, this writ petition is disposed of.
11. Registry is directed to communicate this order along with the order passed in W.P.(C) No.4270 of 2026 and analogous cases to all the Deputy Commissioners, all the Chief Judicial Magistrates of the State of Jharkhand and the Principal District Judges along with the Judicial Commissioners so that they can sensitize the Chief Judicial Magistrates.
(ANANDA SEN, J.) 22.07.2026 Tanuj/CP-2
Uploaded on 03.08.2026