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2026 DAILYLAW 9771 (ORI)

VEDBYASH RESIDENTIAL COLLEGE, GANJAM v. AUTHORIZED OFFICER, PHOENIX ARC PVT.LTD, MAHARASTRA

WP(C)/6173/2026 · 2026-02-26

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.6173 of 2026 Vedbyash Residential College, Ganjam & Others …. Petitioners Mr. P.C. Chhinchani, Advocate -versus- Authorized Officer, Phoenix ARC Pvt. Ltd., Maharastra & Another …. Opp. Parties Mr. A Tripathy, Advocate CORAM: JUSTICE KRISHNA SHRIPAD DIXIT JUSTICE CHITTARANJAN DASH Order No. 01. ORDER 26.02.2026 Petitioners-loanee having argued the matter at length through his counsel seeks leave of the Court to withdraw the writ petition with liberty to approach the lending agency with the appropriate representation to workout reprieve in accordance with extant RBI Guidelines. To that effect, withdrawal memo dated 26.02.2026 filed in Court is taken on record. 2. Learned counsel appearing for the Caveator lending agency graciously consents to the grant of leave. p. 2 In the above circumstances, leave having been accorded, writ petition is disposed off as having been withdrawn with liberty as sought for above. All contentions are kept open. (Krishna Shripad Dixit) Judge (Chittaranjan Dash) Judge Madhusmita Designation: Jr. Stenographer