Rakesh Kumar Gupta v. Punjab And Sindh Bank, Jalandhar

IN THE HIGH COURT OF PUNJAB AND HARYANA AT

CHANDIGARH CWP-21923-2020 Date of decision : 18.12.2020 Rakesh Kumar Gupta ....Petitioner V/s Punjab & Sindh Bank ....Respondent CORAM: HON'BLE MR. JUSTICE RAJAN GUPTA HON'BLE MR. JUSTICE KARAMJIT SINGH

Present:

Mr. Shalender Mohan, Advocate for the petitioner. RAJAN GUPTA J. (ORAL) Case has been heard through Video Conferencing in view of COVID-19 Pandemic.

After arguing at some length, learned counsel for the petitioner submits that he may be allowed to withdraw this petition with liberty to avail alternative remedy under Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002. He, however, apprehends that his property may not be put to auction in the meanwhile. Dismissed as withdrawn with aforesaid liberty. However, property of the petitioner may not be put to auction for a period of two weeks from today. (RAJAN GUPTA) JUDGE (KARAMJIT SINGH) JUDGE December 18, 2020 Ajay Whether speaking/reasoned:

Yes/No Whether reportable:

Yes/No AJAY KUMAR 2020.12.22 13:26 I attest to the accuracy and authenticity of this document