Shyam Lal v. Punjab National Bank Through Its Managing Director

IN THE HIGH COURT OF PUNJAB AND HARYANA

AT CHANDIGARH CWP No. 15475 of 2018 Decided on : 02.07.2018 Shyam Lal . . . Petitioner(s)

Versus

Punjab National Bank and others . . . Respondent(s) CORAM: HON'BLE MR. JUSTICE AJAY KUMAR MITTAL HON'BLE MR. JUSTICE AVNEESH JHINGAN PRESENT: Mr. Ashok Singla, Advocate for the petitioner(s).

**** AJAY KUMAR MITTAL, A.C.J. (Oral) The petitioner has approached this Court under Article 226 of the Constitution of India, seeking a writ in the nature of certiorari, for setting aide the impugned notice Annexure P-1, qua the petitioner's sole residential House i.e. H.No. 107, Sector 21-A, Chandigarh, which was got published by the respondent Bank in 'The Indian Express', on 04.05.2018. The said notice is stated to be violative of the mandatory provisions of Section 13 of the Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (in short 'the SARFAESI Act'). A further prayer for staying the operation and implementation of the impugned notice Annexure P-1, has also been made. 2.

Learned counsel for the petitioner submitted that the auction has already taken place and therefore, the present writ petition has been rendered infructuous. In view thereof, it was prayed that he may be allowed to withdraw the present writ petition.

3.

Dismissed as withdrawn.

(AJAY KUMAR MITTAL) JUDGE (AVNEESH JHINGAN) JUDGE July 02, 2018 J.Ram Whether speaking/reasoned:

Yes/No Whether Reportable:

Yes/No Jawala Ram 2018.07.03 16:52 I attest to the accuracy and authenticity of this document Chandigarh