M/S Roman Steel Pvt Ltd v. Canara Bank & ORS

IN THE HIGH COURT OF PUNJAB AND HARYANA

AT CHANDIGARH CWP No. 27147 of 2016 Decided on : 11.01.2017 M/s Roman Steel Pvt. Ltd. and others . . . Petitioners

Versus

Canara Bank and others . . . Respondents CORAM: HON'BLE MR. JUSTICE AJAY KUMAR MITTAL HON'BLE MR. JUSTICE RAMENDRA JAIN PRESENT: Mr. J.S. Bhatti, Advocate for the petitioners.

**** AJAY KUMAR MITTAL, J. (Oral) The petitioners have approached this Court under Articles 226/227 of the Constitution of India, seeking a writ in the nature of Certiorari, for quashing the impugned notices dated 11th July, 2016 (Annexures P-2 to P-8) issued under Section 13(2) of the Securitization and Reconstruction of the Financial Assets & Enforcement of Security Interest Act, 2002 (in short 'the Act') and impugned notices dated 17th October, 2016 (Annexures P-18 to P-21), issued under the Act, by respondent No.2, which are stated to be issued on the basis of forged and fabricated documents and even without deciding the reply/objections dated 05.09.2016 filed by the petitioners (appended as Annexure P-9 along with the writ petition). 2.

After arguing for sometime, when the Bench did not agree with the learned counsel for the petitioners, a prayer was made by him that he may be allowed to withdraw the present writ petition with liberty to the petitioners to file the objections before the appropriate Forum. 3.

Dismissed as withdrawn. It shall, however, be open to the Jawala Ram 2017.01.13 12:52 I attest to the accuracy and authenticity of this document Chandigarh

CWP No. 27147 of 2016 [ 2 ] petitioners to take recourse to the remedies as may be available to them, in accordance with law.

4.

A copy of this order be sent to the respondent-Bank for information.

(AJAY KUMAR MITTAL) JUDGE (RAMENDRA JAIN) January 11, 2017 JUDGE J.Ram Whether speaking/reasoned:

Yes/No Whether Reportable:

Yes/No Jawala Ram 2017.01.13 12:52 I attest to the accuracy and authenticity of this document Chandigarh