M/S Lr Builders Pvt Ltd v. State Bank Of India And Others

IN THE HIGH COURT OF PUNJAB AND HARYANA AT

CHANDIGARH CWP No.26199 of 2022 Date of Decision: 17.11.2022 M/S L.R. BUILDERS PVT. LTD THROUGH ITS DIRECTOR SH. RAHUL GUPTA .......Petitioner V/s.

STATE BANK OF INDIA AND OTHERS .....Respondents CORAM: HON'BLE MR. JUSTICE M.S. RAMACHANDRA RAO. HON'BLE MRS. JUSTICE SUKHVINDER KAUR.

Present:

Mr. Harshit Sethi, Advocate, for the petitioner.

**** M.S. RAMACHANDRA RAO, J. (Oral) Since the petitioner has an effective alternative remedy to approach the Civil Court for seeking an appropriate relief or by participating in the proceedings initiated against the petitioner by the third party, who had already filed a suit against him, we are not inclined to entertain this Writ Petition. Therefore, granting liberty to pursue above alternative remedy, this Writ Petition is dismissed. Pending application(s), if any, stands disposed of accordingly. (M.S. RAMACHANDRA RAO) JUDGE (SUKHVINDER KAUR) JUDGE November 17, 2022 Ess Kay Whether speaking / reasoned :

Yes /No.

Whether Reportable :

Yes/No SURESH KUMAR 2022.11.18 12:05 I attest to the accuracy and integrity of this document