Disposed

Avyukta Dairy Product Ltd. v. Punjab National Bank

Delhi HC12 Mar 2025W.P.(C)/8345/2024

Case brief

AI extract

What is this about?

Petitioner sought permission to withdraw its writ petition and make a fresh proposal to the respondent bank. Petition disposed of as not pressed; liberty granted to submit a fresh proposal within ten days, to be considered by the bank in accordance with law within eight weeks.

What did the court decide?

Liberty to submit fresh proposal to the bank; bank to consider it in accordance with law, expeditiously, preferably within eight weeks.

Avyukta Dairy Product Ltd. Vs Punjab National Bank — Banking and Recovery | Delhi HC (2025)

¶1

$~41

¶2

IN THE HIGH COURT OF DELHI AT NEW DELHI

¶3

- W.P.(C) 8345/2024 & CM APPL. 34132/2024

¶4

AVYUKTA DAIRY PRODUCT LTD .....Petitioner

¶5

Through: Mr. Arun Batta and Mr. Abdul Wahid, Advocates

¶6

versus

¶7

PUNJAB NATIONAL BANK .....Respondent

¶8

Through: Mr. Anomal Panwar, Advocate

¶9

CORAM:

¶10

HON'BLE MR. JUSTICE MANOJ JAIN

¶11

O R D E R

¶12

% 12.03.2025

¶13

After hearing arguments for some time, learned counsel for petitioner submits that petitioner would not press his present writ petition any further if he is permitted to approach the respondent-bank again with a fresh request. He only seeks a direction to the bank to consider such proposal without being prejudiced to the background facts and to consider the same in accordance with law.

¶14

Learned counsel for respondent-bank, without prejudice to their rights and contentions, has no objection to the aforesaid proposal.

¶15

In view of the aforesaid, present writ petition is disposed of as not pressed.

¶16

Petitioner is, simultaneously, at liberty to approach the respondentbank with a fresh proposal. In case any such proposal is submitted by the petitioner within ten days from today, it will be upto to the respondent-bank to consider the same in accordance with law, as expeditiously as possible,

¶17

W.P.(C) 8345/2024 1

¶18

This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 01/07/2025 at 18:16:08

¶19

preferably, within a period of eight weeks from the date of submission of aforesaid representation/proposal.

¶20

Pending application (s), if any, also stand (s) disposed of.

¶21

MANOJ JAIN, J

¶22

MARCH 12, 2025/ dr/js

¶23

W.P.(C) 8345/2024 2

¶24

Avyukta Dairy Product Ltd. v. Punjab National Bank

Case brief

What is this about?

What did the court decide?

Avyukta Dairy Product Ltd. v. Punjab National Bank

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Parties & counsel

Coram

Case details

Similar cases

M/S Fone O Clock, through Its Partner, Sh. Paras Sareen Vs Commissioner of Customs-Preventive, New Custom House New Delhi & Anr.

Indianeye Security Private Limited Vs Sh Nawab Ali & Anr.

Swayam Sidha Residents Welfare Association through Its President/ General Secretary Jagdish Prasad Vs Municipal Corporation of Delhi through Its Commissioner & Ors.

State Bank of India Vs M/S Pp Jewellers Private Limited

Sandeep Vs Lieutenant Governor & Ors.

Babloo Vs Lieutenant Governor & Ors.

Staff Selection Commission and Ors. Vs Km Manju

Deepak Kapoor Vs North Municipal Corporation of Delhi & Anr.

Swayam Sidha Residents Welfare Association through Its President/ General Secretary Jagdish Prasad Vs Municipal Corporation of Delhi through Its Commissioner & Ors.

Abid Qureshi Vs Delhi Development Authority & Ors.

Nirdosh Bhambri Vs Delhi Development Authority & Anr.

Jagadish Chander Chug Vs Punjab National Bank

Zync Global Private Limited Vs Punjab National Bank

North Delhi Municipal Corporation Vs Ankit Sharma