High Court Patna High Court - Orders

Rajesh Kumar Bhagat & Anr vs State Bank Of India & Ors on 11 November, 2011

Patna High Court – Orders
Rajesh Kumar Bhagat & Anr vs State Bank Of India & Ors on 11 November, 2011
                   IN THE HIGH COURT OF JUDICATURE AT PATNA
                       Civil Writ Jurisdiction Case No.14600 of 2011

                      1.   Rajesh Kumar Bhagat S/O Sri Moti Lal Bhagat, R/O Mohallah-
                           Kanhauli                                            Gaushala                         Road,
                           P.O....M.I.C............................P.S.........Bela.......................District,
                           Muzaffarpur
                      2.   Arun Kumar Bhagat, S/O Sri Moti Lal Bhagat R/O Mohallah-
                           Kanhauli                                 Gaushala                                    Road,
                           P.O....M.I.C............................P.S.........Bela.......................District,
                           Muzaffarpur...................................Petitioners.

                                                 Versus
                      1.   State Bank of India through Regional Manager, State Bank of India
                           Muzaffarpur
                      2.   Regional Manager, State Bank of India, Muzaffarpur
                      3.   Authorised Officer, State Bank of India, SARC Officer, Mithanpura,
                           Muzaffarpur.....................Respondents.

                      For the petitioners : Mr. Pranav Kumar Sharan, Advocate.
                      For the respondents : M/s Binay Kumar Singh and R.S. Vidyarthi,
                                            Advocates.

                                 ----------------------------------

02/ 11.11.2011 Heard learned counsel for the petitioners and learned

counsel for the respondents.

2. This writ petition has been filed by the petitioners

challenging notice dated 13.06.2011 issued by the authority under

section 13 (4) of the Securitization and Reconstruction of Financial

Assets and Enforcement of Security Interest Act, 2002 (hereinafter

referred to as ‘the Act’ for the sake of brevity).

3. After some arguments learned counsel for the

petitioners seeks permission to withdraw this petition with a liberty to

challenge the impugned order before the appellate authority as

provided in the Act.

4. Accordingly, this writ petition is disposed of as
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withdrawn with the aforesaid liberty to the petitioner. If an appeal is

filed under section 17 of the Act by the petitioners before the appellate

authority, namely the Debts Recovery Tribunal within fifteen days

from today along with a copy of this order and an interlocutory

application for condoning the delay, the appellate authority shall

consider the delay caused due to the pendency of this writ petition and

shall decide the appeal on merits in accordance with law. If any

interim order is required by the petitioners, they will be at liberty to

file an interlocutory application before the appellate authority, who

shall decide the same immediately.

Harish                              (S.N.Hussain, J.)