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Orissa High CourtWP(C)/3011/2022disposed off

Bhimsen Sahoo v. Sr. Branch Manager,Bank Of India,Bbsr

2022-10-10Mr. Justice Jaswant Singh,Mr. Justice Murahari Sri Raman2 pages

IN THE HIGH COURT OF ORISSA AT CUTTACK

W.P(C). No.3011 of 2022 Sri Bhimsen Sahoo ....

Petitioner Mr. Sarada Prasad Dash, Advocate -versusSenior Branch Manager, Bank of India & Another ....

Opposite Parties None

CORAM:

JUSTICE JASWANT SINGH JUSTICE M.S. RAMAN ORDER (Oral) 10.10.2022 Order No.

03.

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

The Petitioner is a defaulter in a housing loan account availed for a sum of Rs.21,80,000/- from Bank of India, Tankapani Road Branch, Bhubaneswar. By filing the instant petition, challenge has been laid to the recovery process initiated under the SARFAESI Act including the auction sale notice of the mortgaged property fixing the auction sale on 25th February, 2022 towards the recovery of the outstanding liability.

2.

At the outset, counsel for the Petitioner prays for permission to withdraw the writ petition as the loan account has been liquidated upon deposit of the settled amount between the parties. A memo to that effect has been filed in Court today, which is taken on record.

// 2 // 3.

In view of the above, the writ petition is dismissed as withdrawn.

(Jaswant Singh) Judge (M.S. Raman) Judge Aks October 10, 2022 Cuttack