High CourtsSingle Bench(2021) 11 UK CK 0166

Shweta Goel vs Punjab National Bank, Circle Officer And Another

Uttarakhand High Court · Decided on 25 November 2021

HON’BLE JUDGES
Manoj Kumar Tiwari, J
RESULT
Dismissed
CASE NUMBER
Writ Petition (M/S) No. 1411 Of 2019

CourtKutchehry membership

More clarity. Every judgment.

Download court copies, explore connected cases and make more of every research session.

Loading membership options…

Ask AI about this case

AI Structured Summary

Not yet generated for this judgment

Judgment

7 paragraphs · 193 words

Manoj Kumar Tiwari, J

1.

Petitioner purchased a secured asset from Punjab National Bank, in a public auction, held by invoking provisions contained in SARFAESI Act, 2002

2.

By means of this writ petition, petitioner has sought the following relief:-

"1. Issue a writ order or direction in the nature of mandamus directing the respondent no.1 and 2 bank to immediately hand over the vacant physical possession of the property in question in pursuance of the sale deed dated 16-02-2018 executed by respondent bank in favour of the petitioner under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002."

3.

Today, learned counsel for the petitioner made a statement at the bar that subsequent to filing of this writ petition, possession of the property in question was handed-over to the petitioner. Similar statement has been made by Mr V.K. Kohli, Senior Advocate appearing for the respondent-Bank.

4.

In view of consensus between counsel for the parties that possession of the purchased property has been handed-over to the petitioner, the relief as claimed in the writ petition does not survive.

5.

Accordingly, the writ petition is dismissed as infructuous.