M/S Asha Devi Tea Stall and Restaurant and Another v. State of U P and 2 Others
Case brief
What is this about?
Allahabad High Court, WRIT - C No. 35656 of 2022, decided 12.1.2023 by Manoj Kumar Gupta, J. and Vikram D. Chauhan, JJ.; petitioners M/S Asha Devi Tea Stall And Restaurant And Another sought quashing of e-auction notice dated 14.10.2022 issued by respondent-Bank for sale of mortgaged assets against a loan in default; matter resolved on record of amicable settlement of account, Bank withdrew from e-auction; petition disposed of as infructuous; no statutory provisions or case law cited; advocates: Dinesh Kumar Pandey (petitioners), C.S.C. and Krishna Mohan Asthana (respondents).
What did the court decide?
None; the petition was disposed of after learned counsel for the respondent-Bank stated on instructions that the account had been settled amicably and the Bank would not proceed further with the e-auction notice, which was admitted by counsel for the petitioners.