IN THE HIGH COURT OF ORISSA AT CUTTACK W.P.(C) No.3367 of 2026 Dipak Jyoti Sarangi …. Petitioner Mr. K.C. Nayak, Advocate -versus- Bank of India, Star House, C.S.G. Block, Bandra Kurla Complex, Bandra East, Mumbai and others …. Opposite Parties Mr. G.D. Kar, Advocate for the Bank CORAM: JUSTICE B. P. ROUTRAY ORDER 17.02.2026 Order No. 02. 1. Heard Mr. K.C. Nayak, learned counsel for the Petitioner and Mr. G.D. Kar, learned counsel for the Opposite Parties-Bank. 2. The Petitioner has taken finance for 10 vehicles and as per the submissions he defaulted in paying the EMIs. 3. Mr. G.D. Kar, learned counsel for the Opposite Parties-Bank upon instruction submits that as on date more than Rs.47 lakhs is standing overdue towards EMIs against the Petitioner in respect of those 10 vehicles. 4. Mr. Nayak, learned counsel for the Petitioner submits that the Petitioner will clear up all the overdues amount within a period of three months from today and he will also pay the current monthly instalments. 5. Taking note of such submission made by the Petitioner, the writ petition is disposed of at the stage of admission permitting Digitally Signed Signed by: BASANTA KUMAR BARIK Reason: Authentication Location: High Court of Orissa, Cuttack Date: 17-Feb-2026 17:47:33 Signature Not Verified the Petitioner to clear all the arrear overdue amount within a period of three months from today, and in addition to that he will also regularly pay the current monthly instalments in respect of all the vehicles without any default. Till a period of three months from today, no coercive action may be taken against the Petitioner subject to deposit of 1/3rd of the overdue amount within a period of two weeks from today. It is made clear that if the Petitioner defaults further or do not pay such amount within the stipulated time, this order shall cease to operate. 6. An urgent certified copy of this order be granted on proper application. ( B.P. Routray) Judge B.K. Barik