2026:JHHC:2251 IN THE HIGH COURT OF JHARKHAND AT RANCHI W.P.(C) No.494 of 2026 .... Dipsey Agro Pvt Ltd a company incorporated under the Companies Act having its registered office at 87, DLX Orchid, Ashiana Garden, Jamshedpur, P.O. & P.S.-Sakchi, District-East Singhbhum, Jharkhand-831011, through its Director- Shri. Anil Gogna, aged about 49 years, son of Shri Prem Lal, resident of 87, DLX Orchid, Ashiana Garden, Jamshedpur, P.O. & P.S.-Sakchi, District-East Singhbhum, Jharkhand-831011, authorized vide Board resolution dated 03.09.2025 .… Petitioner Versus 1. State Bank of India, statutory corporation and a public sector bank having its registered office at Corporate Centre, State Bank Bhavan, Madame Cama Road, P.O. & P.S.-Nariman Point, District-Mumbai, Maharashtra 400021, through its Authorized Officer, Stressed Assets Recovery Branch, Ranchi, 4th Floor, Ranchi Branch Building, Court Compound, P.O.-G.P.O., P.S.-Kowali, District-Ranchi, Jharkhand-834001 2. Authorized Officer, State Bank of India, Stressed Assets Recovery Branch, Ranchi, 4th Floor, Ranchi Branch Building, Court Compound, P.O.-G.P.O., P.S.-Kowali, District-Ranchi, Jharkhand-834001 .... Respondents .... CORAM: HON’BLE MR. JUSTICE RAJESH KUMAR For the Petitioner : Mr. Pandey Neeraj Rai, Adv. : Mr. Sanchit Sinha, Adv. For the Respondents : Mr. P.A.S.Pati, Adv. .... 02/29.01.2026 1. Heard the parties. 2. The present writ petition has been filed for the following reliefs:- “(i) quashing and setting aside the letter dated 07.01.2026 as contained in Letter No. SARB/10201/RK/ODD/793 issued under the hand and signature of the Respondent No.2, whereby the agricultural property of the petitioner has been again put up for public auction to be conducted on 28.01.2026 (Annexure-37), as arbitrary, illegal and setting aside the same with all consequences. (ii) Quashing/setting aside all actions taken under the SARFAESI Act against the said property. (iii) The respondent Bank be directed to rescind, recall and/or withdraw all steps taken against the said property of the Applicant. (iv) The respondents/their men and agents be restrained from taking possession of the property of the petitioner.” 3. The main stress of the petitioner is the auction notice which has been issued by the respondents. 2026:JHHC:2251 2 W.P.(C) No.494 of 2026 4. It has been informed by the learned counsel for the respondents that the auction process had been scheduled yesterday i.e. 28.01.2026 but nobody has turned up and no new date has been announced. Auction has already failed. 5. Thus, there is no immediate requirement of any interim order. 6. The writ petitions are being maintained by this Court only on the consideration that the Debt Recovery Tribunal is not functional and that for the limited purpose to grant interim relief or immediate relief to the affected person, so that the subject matter survives. 7. Since, there is no immediate threat, I am not inclined to entertain the present writ petition. Accordingly, the same is, hereby, dismissed. 8. However, if there is immediate threat, the petitioner is at liberty to approach this Court, if the Debt Recovery Tribunal remains non functional. (Rajesh Kumar, J.) 29.01.2026 Shahid/ Uploaded on 02.02.2026