M/S SUBIDHI COLD STORAGE PRIVATE LIMITED, THROUGH ITS AUTHORIZED SIGNATORY PRAVEEN KUMAR JAIN v. THE REGISTRAR, DEBTS RECOVERY TRIBUNAL, RANCHI
WPC/2553/2026 · 2026-05-05
Sri Ananda Sen
Writ Petition (Civil)body2026
DailyLaw.ai
[ 2026 DAILYLAW 9416 (JHR) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 9416 (JHR) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
2026:JHHC:13251 IN THE HIGH COURT OF JHARKHAND AT RANCHI
W.P.(C) No. 2553 of 2026
----- M/s Subidhi Cold Storage Private Limited Registered Office at Ranchi Road, P.O.- Marar, P.S.-Mandu, District-Ramgarh (Jharkhand), through its Authorized Signatory Praveen Kumar Jain Son of Late Ramesh Kumar Jain, aged about 48 years, Resident of Ranchi Road, P.O.-Marar, P.S.-Mandu, District-Ramgarh (Jharkhand)
.... Petitioner(s).
Versus
1. The Registrar, Debts Recovery Tribunal, Ranchi At Pragati Sadan, Kuchery Chowk, P.O. GPO, P.S.-Kotwali, District-Ranchi (Jharkhand).
2. The Zonal Manager, Allahabad Bank (Now Indian Bank), P.O. & P.S. Lalpur, District-Ranchi, Jhrkhand
3. Manager Cum Authorised Signatory, Pegasus Assets Reconstruction Private Limited having its office at 54, Po-Kolkata South, P-S-Gariahat Ekdalia Road, 1st Floor, Gariahat, Kolkata (West Bengal).
4. Authorised Signatory, Pegasus Assets Reconstruction Private Limited having its office at Unit No. 106, Best Business Park, Plot No. P-2, Netaji Subash Place, Opposite Fun Cinema, P.O. & P.S.-Saraswati Vihar, Pitampura New Delhi.
5. The President Pegasus Assets Reconstruction Private Limited having its office at 55-56, 5th Floor, Free Press House, Nariman Point, P.O. & P.S.-Nariman Point, Dist.-Mumbai, Maharashtra.
… Respondent(s)
------
CORAM :
SRI ANANDA SEN, J.
------ For the Petitioner(s) : Mr. Atanu Banerjee, Advocate
Mr. Naresh Pd. Thakur, Advocate For the Respondent-Bank: Mr. P.A.S. Pati, Advocate
…......
02/ 05.05.2026
Considering the subsequent development as auction has already been taken place and third party right is created, petitioner seeks permission to withdraw this writ petition to file a fresh writ petition on the fresh cause of action.
2. Prayer is allowed.
3. Accordingly, this writ petition is dismissed as withdrawn with the aforesaid liberty.
(ANANDA SEN, J.) 05th May, 2026 R.S./S.K.C. Uploaded on 05/05/2026