Bulbuli Kundu v. Punjab National Bank And ORS

M/L 16 05.05.2025 Court No.14 PRADIP

IN THE HIGH COURT AT CALCUTTA

CONSTITUTIONAL WRIT JURISDICTION WPA 12815 of 2023 Bulbuli Kundu Vs.

Punjab National Bank & Ors.

Mr. Sidddhartha Banerjee Mr. Subrata Saha Mr. Anjan Bhandari Mr. Avik Biswas ...for the Petitioner.

Ms. Parna Roy Choudhury ...for the Bank.

1. The petitioner is aggrieved by the steps taken by the bank to declare her loan account as Non Performing Asset.

2. The steps taken further to the said declaration are also impugned herein.

3. The bank has proceeded to publish the sale notice but the sale did not materialize because of want of bidders.

4. Learned advocate representing the bank submits that a Section 14 application under the SARFAESI Act, 2002 is pending consideration before the District Magistrate.

5. In the aforesaid facts and circumstances, the Court is not inclined to interfere in this matter. All remedies are kept open to the petitioner to take steps in the matter, in accordance with law, if so advised.

6. The writ petition stands disposed of.

7. Urgent photostat certified copy of this order, if applied for, be supplied to the parties upon compliance of all the requisite formalities.

(Amrita Sinha, J.)