Vijay Kumar Singh v. The Union Of India

IN THE HIGH COURT OF JUDICATURE AT PATNA

Civil Writ Jurisdiction Case No.5900 of 2021 ====================================================== Vijay Kumar Singh Son of Raghubansh Prasad Singh Resident of Moh - Gautam Buddh Colony, Raghkul Niwas Road No. 1, Delha, P.O. - R.S. Gaya, District- Gaya.

... ... Petitioner/s

Versus

1.

The Union of India Through The Principal Secretary, Ministry of Finance, Govt. of India, New Delhi.

2.

The Chairman cum Managing Director, Bank of Baroda, Head Office, Baroda Bhavan, R.C. Dutta Road, Alkapuri, Baroda, Gujarat. 3.

The Zonal Manager, Bank of Baroda Zonal Office, R- Block Chauraha, Near Chanky Hotel, Chankya Tower, Patna 4.

The Authorized Officer, Bank of Baroda, Tekari Road Branch, Gaya 5.

The Branch Manager, Bank of Baroda, Tekari Road Branch, Awasthi Mandir Delha, Gaya ... ... Respondent/s ====================================================== Appearance :

For the Petitioner/s :

Mr. Abhay Kr. Thakur, Advocate :

Mr. Arvnendra Kumar Thakur, Advocate :

Miss Sukriti Kumar, Advocate For the Respondent/s :

Mr.Dr. K.N. Singh (Asg) For respondent/ Bank :

Mr. Umapati Jha, Advocate ====================================================== CORAM: HONOURABLE MR. JUSTICE RAJAN GUPTA and HONOURABLE MR. JUSTICE MOHIT KUMAR SHAH ORAL ORDER (Per: HONOURABLE MR. JUSTICE RAJAN GUPTA) 21-12-2021 The recovery proceedings have been initiated against the petitioner under the SARFAESI Act, 2002, however he states that he may be allowed to approach the Bank once for exploring the possibility of settling the account. The learned counsel appearing for the Bank has got no objection. According to him, if he appears before the Branch Manager, Bank of Baroda, Tekari Road Branch, Awasthi

Patna High Court CWJC No.5900 of 2021(2) dt.21-12-2021 2/2 Mandir, Delha, Gaya, within a period of 10 days from today and gives reasonable proposal, the same shall be considered. Accordingly, liberty is granted to the petitioner to approach the Bank for exploring the possibility of settling the loan account in question.

Accordingly, the writ petition stands disposed off, however, it is made clear that in case of failure of any settlement, the petitioner shall be at liberty to take recourse to such proceedings, as are permissible under the SARFAESI Act, 2002.

(Rajan Gupta, J) ( Mohit Kumar Shah, J) rinkee/s.sb.- U