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Calcutta High CourtWPA/26338/2025dismissed

Swadesh Ranjan Pradhan And ORS. v. The Punjab National Bank And ORS.

2025-12-02Hon'Ble Justice Reetobroto Kumar Mitra2 pages

02.12.2025.

Ct.No.24.

as WPA 26338 of 2025 Swadesh Ranjan Pradhan & Ors.

Vs.

The Punjab National Bank & Ors.

Sk. Anwar Ali, Ms. Ruma Bera.

...for the Petitioners.

Ms. Sreemoyee Mitra.

...for the Bank 1.

Affidavit of service as filed, be kept on record. 2.

The petitioners have approached this Court at a rather belated stage challenging the proceeding initiated by the Bank for sale of the property.

3.

The Bank submits that the sale has already been conducted and the sale certificate has already been issued in respect of the mortgaged property.

4.

The challenge by the petitioners to the steps taken by the Bank has also failed before the Debts Recovery Tribunal sometime in 2024.

5.

Since the sale has already been conducted and third party rights have accrued, the petitioner's right to redemption as stipulated under Section 13(8) SARFAESI Act, has also been exhausted.

6. In view of the aforestated, the writ petition fails and is accordingly dismissed.

7.

There shall be no order as to costs.

8. Since no affidavit has been called for, the allegations contained in the petition are deemed to have been denied.

9. Urgent photostat certified copy of this order, if applied for, be given to the parties on usual undertaking. (Reetobroto Kumar Mitra, J.)