Pushpa Devi v. Assets Reconstruction Company India Ltd

IN THE HIGH COURT OF PUNJAB AND HARYANA

AT CHANDIGARH CWP No. 22002 of 2018 Decided on : 17.09.2018 Pushpa Devi . . . Petitioner(s)

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Assets Reconstruction Company (India) Ltd. and others . . . Respondent(s) CORAM: HON'BLE MR. JUSTICE AJAY KUMAR MITTAL HON'BLE MR. JUSTICE AVNEESH JHINGAN PRESENT: Mr. Anil Shukla, Advocate for the petitioner(s).

**** AJAY KUMAR MITTAL, J. (Oral) Prayer made in this writ petition filed under Articles 226/227 of the Constitution of India, is for quashing of notice dated 07th June, 2018 (Annexure P-4), issued under Section 13(2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (in short 'the Act'). A further prayer has been made for restraining respondent No.1 from taking any coercive steps of taking actual physical possession of the mortgaged properties. 2.

After arguing for sometime, learned counsel for the petitioner submitted that he may be allowed to withdraw the present writ petition with liberty to the petitioner to approach the respondent or take recourse to the alternative remedies as are available to her, in accordance with law. 3.

Dismissed as withdrawn. It shall, however, be open to the petitioner to take recourse to the remedies as may be available to her, in accordance with law.

(AJAY KUMAR MITTAL) JUDGE (AVNEESH JHINGAN) JUDGE September 17, 2018 J.Ram Whether speaking/reasoned:

Yes/No Whether Reportable:

Yes/No JAWALA RAM 2018.09.19 16:54 I attest to the accuracy and authenticity of this document Chandigarh