Supreme Alloys Limited & ORS. v. Punjab National Bank

$~29 * IN THE HIGH COURT OF DELHI AT NEW DELHI + CM(M) 961/2026, CM APPL. 28144/2026 & CM APPL. 28145/2026 SUPREME ALLOYS LIMITED & ORS.

.....Petitioners Through:

Mr. Sameer Rohatgi, Mr. Manohar Malik, Mr. Anish Singh & Ms. Astha Gumber, Advs.

versus PUNJAB NATIONAL BANK .....Respondent Through:

None.

CORAM:

HON'BLE MR. JUSTICE VIVEK CHAUDHARY HON'BLE MS. JUSTICE MADHU JAIN

O R D E R

% 27.04.2026 1.

The present petition has been filed under Article 227 of the Constitution of India, seeking exercise of supervisory jurisdiction over the learned Recovery Officer, DRT-I, New Delhi, in Recovery Certificate No. 66 of 2019, arising out of O.A. No. 178 of 2019, and for setting aside of the impugned Order dated 20.02.2026 on the ground that the same has been passed without jurisdiction.

2.

After arguing at some length, learned counsel for the petitioners seeks permission to withdraw the present petition, with liberty to approach the DRT concerned for seeking appropriate reliefs.

3.

In view of the above, the present petition is dismissed as withdrawn, with liberty as prayed for.

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 29/04/2026 at 12:30:46

4.

All pending application(s) also stand disposed of. VIVEK CHAUDHARY, J MADHU JAIN, J APRIL 27, 2026/pk/ht The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 29/04/2026 at 12:30:46