Extracted from the PDF above. The PDF is authoritative.
D/L.04. March 27, 2026. KAUSHIK
WPA No. 7449 of 2026
Smt. Usha Pal Vs. Punjab National Bank & Ors.
Mr. Debottam Das
… for the petitioner
Mr. Dipankar Das
… for the respondent-Bank
The grievance of the petitioner is directed against an e-auction notice dated 7th March,
2026. It is submitted by both the parties that the e-auction notice has already been given effect to and the date of opening of bidding is fixed today. In view of the statutory alternative remedy available to the petitioner under the provision of Section 17 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI), there is no scope for exercising any jurisdiction in this matter. WPA 7449 of 2026 stands dismissed. Liberty is granted to the petitioner to avail of its available statutory remedy in accordance with law.
(Ravi Krishan Kapur, J.)