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2026 DAILYLAW 4668 (ORI)

M/S. SUNDARGUNDI SERVICE STATION, BALASORE v. UCO BANK, BHUBANESWAR

WP(C)/6004/2026 · 2026-03-17

Chittaranjan Dash, Dixit K S

Writ Petition (Civil)body2026

Judgment text

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p. 1 IN THE HIGH COURT OF ORISSA AT CUTTACK W.P.(C) No.6004 of 2026 M/s. Sundargundi Service Station, Balasore & Others …. Petitioners Mr. S. P Mishra, Sr. Advocate -Versus- UCO Bank, Zonal Branch, Bhubaneswar & Others …. Opposite Parties Mr. B.B. Swain, Panel Counsel (for the Bank) CORAM: JUSTICE KRISHNA SHRIPAD DIXIT JUSTICE CHITTARANJAN DASH Order No. 03. ORDER 17.03.2026 Regardless of the very many contentions that could have been advanced in this case, in terms of the pleadings of the parties, learned Senior Counsel-Mr. Mishra on instruction of his advocate on record submits and learned Panel Counsel appearing for the Bank agrees that the Petitioners shall be remitting the entire outstanding amount, in terms of the decree entered by DRT, Cuttack in O.A. Nos.148 of 2013 and 149 of 2013 and any other outstanding amount, subject to adjusting whatever amount has been remitted during and after the disposal of the said OAs, Petitioners shall be discharged from the liability and the security property shall be de-encumbered. 2. The amount already deposited by the Petitioners, in terms of interim order dated 24.02.2026 in the Registry of this Court shall be remitted to the loan account of the Petitioners-borrower towards discharge of the outstanding amount. p. 2 3. The Bank shall furnish the statement of account specifying the amount outstanding within three working days and on such furnishment Petitioners shall make good the amount payable within an outer limit of four weeks, reckoned from this day. If all outstanding monies are paid, this order will take full effect; if any leftover grievance, the same can be worked out elsewhere, in accordance with law. In that connection, all contentions are kept open. Ordered accordingly and writ petition is disposed off. Web copy of this order to be acted upon by all concerned. (Krishna Shripad Dixit) Judge (Chittaranjan Dash) Judge Madhusmita Designation: Jr. Stenographer