Navjeet Singh Tuteja v. Union Bank

NAFR HIGH COURT OF CHHATTISGARH, BILASPUR Writ Petition (C) No.3325 of 2017 Navjeet Singh Tuteja S/o Amrik Singh Tuteja, Aged About 42 Years R/o Raja Talab, Govind Nagar, Raipur, District Raipur, Chhattisgarh. ---- Petitioner

Versus

Union Bank Acting In The Premises Through Its Authorized Officer, Pandri Branch, Bhatia Bhawan, Vidhansabha Marg, Pandri, District Raipur, Chhattisgarh.

---- Respondent For Petitioner :

Ms. Hamida Siddiqui, Advocate Hon'ble Shri Justice Sanjay K. Agrawal Order On Board 11/12/2017 (1) Learned counsel appearing for the petitioner would submit that the petitioner may be allowed to make representation before the respondent-Bank under Section 13(3A) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short 'the Act, 2002) and in the light of decision rendered by this Court in the matter of Anil Kumar Agarwal Vs. ICICI Bank & another reported in AIR 2011 CG 1. She would further submit that the petitioner is ready and willing to make payment to the extent of 50% of the total amount to the respondent-Bank. (2) Prayer appears to be fair and reasonable.

(3) Be that as it may, the petitioner is permitted to file representation before the respondent-Bank under Section 13(3A) of the Act, 2002. If such representation is filed by the petitioner before the respondent, in that event the respondent shall consider and decide the same expeditiously from the date of receipt of representation of the petitioner.

(4) With the aforesaid observation, the writ petition stands finally disposed of. No order as to costs.

Sd/- (Sanjay K. Agrawal) Judge L/-