Ramesh Prasad Sahani v. The Punjab National Bank And ORS

IN THE HIGH COURT OF JUDICATURE AT PATNA

Civil Writ Jurisdiction Case No.4561 of 2015 ====================================================== Ramesh Prasad Sahani Son of Late Dipchand Sahani Resident of MohallaKataharibagh nearby Maharani Ashthan, P.O. and P.S.-Chhapra Town, District-Saran.

.... .... Petitioner

Versus

1. The Punjab National Bank, through the General Manager, 7, Bhikhaji Cama Place, New Delhi-110607.

2. The Regional Manager, P.N.B., Circle Office, Aghoriya Bazaar, Muzaffarpur, Bihar.

3. The Branch Manager, P.N.B., Branch Office, Hathua Market, Chhapra, Saran, Bihar.

.... .... Respondents ====================================================== Appearance :

For the Petitioner : Mr. Madhaw Prasad Yadaw, Advocate For the Respondents : Mr. Kumar Priya Ranjan, Advocate ====================================================== CORAM: HONOURABLE DR. JUSTICE RAVI RANJAN ORAL ORDER 08-05-2015 Heard learned counsel for the petitioner and the State. Learned counsel appearing for the respondent Punjab National Bank informs that notice28.2.2015 was actually not a notice under Section 13(2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Securities Act, 2002 rather that was notice for proclamation of sale which would be apparent from Annexure 4 itself and now the sale has already been completed and sale certificate has been handed over to the purchaser along with the possession of the property. It is stated that the balance amount out of the sale price received after liquidation of the debt due to be Bank, which

Patna High Court CWJC No.4561 of 2015 (2) dt.08-05-2015 2/2 comes to the tune of Rs. 23,24,410.84, is already with the Bank and the petitioner has already communicated to receive such amount by letter dated 24.4.2015.

Learned counsel for the petitioner submits that no such letter has been served yet to the petitioner. Petitioner would be at liberty to approach the Bank and receive the aforesaid amount.

Having regards to the aforesaid facts and circumstances, the petitioner would also be at liberty to take any remedial steps for redressal of his grievance which would be available to him under the law.

Accordingl, this writ application stands disposed of with the aforesaid observations and directions. (Dr. Ravi Ranjan, J) Spd/- U