Kshirod Ku.Pradhan v. Rbi

IN THE HIGH COURT OF ORISSA AT CUTTACK

W.P.(C) No.21684 of 2013 Kshirod Kumar Pradhan ....

Petitioner Mr. Prafulla Kumar Rout, Proxy Counsel on behalf of Mr. Manash Ranjan Nayak, Advocate -versusReserve Bank of India & Others ....

Opp. Parties None

CORAM:

JUSTICE JASWANT SINGH JUSTICE M.S. RAMAN Order No.

ORDER (Oral) 20.05.2022 03.

1. This matter is taken up through virtual/physical mode.

2. The petitioner is stated to have availed a loan of Rs.25,92,604/- for purchase of a Tipper with 45 monthly installments of Rs.58,610/- commencing from 07.09.2010 till 07.05.2014. The petitioner defaulted in payment of the EMIs with effect from September 2013.

3. By filing the present writ petition the prayer is for directing the Finance Company not to seize the vehicle towards recovery of the outstanding liability without following the guidelines dated 26th of March, 2012 framed by the Reserve Bank of India.

4. At the time of hearing, learned counsel for the petitioner by filing a Memo dated 20.05.2022 prays for permission to withdraw the writ petition. The Memo be kept on record.

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5. In view of the Memo filed, the writ petition is dismissed as withdrawn.

(Jaswant Singh) Judge (M.S. Raman) Judge May 20th, 2022 Cuttack AKK