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Orissa High CourtWP(C)/21636/2022disposed off

Laxmipriya Das v. Ao Cum Cm, Uco Bank, Balasore

2022-09-14Mr. Justice Jaswant Singh,Mr. Justice Murahari Sri Raman2 pages

IN THE HIGH COURT OF ORISSA AT CUTTACK

W.P.(C) No.21636 of 2022 Laxmipriya Das .... Petitioner Mr. Arabinda Tripathy, Advocate -versusAuthorized Officer-cumChief Manager, UCO Bank, Zonal Office, Balasore and Another .... Opp. Parties Mr. Sunil Kumar Swain, Advocate for the Bank

CORAM:

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

ORDER (Oral) 14.09.2022 02.

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

Petitioner is a defaulting borrower in a Cash Credit Loan facility availed for a sum of Rs.7 Lakhs from UCO Bank, Zonal Office, Balasore, in the year 2018. By filing the present Writ Petition, challenge has been laid to the auction Sale Notice dated 27th July, 2022 fixing the auction sale on 29th August, 2022 of the mortgaged property for realization of the outstanding liability of around Rs.26 Lakhs as on today.

2.

At the time of hearing, learned counsel for the petitioner prays for an unconditional withdrawal of the Writ Petition in view of the settlement having arrived at with the Bank.

// 2 // 3.

In view of the above, the Writ Petition is dismissed as withdrawn.

(Jaswant Singh) Judge (M.S. Raman) Judge Sipun 14th September, 2022 Cuttack