Single judge disposed of a Special Appeal where the Respondent-Bank withdrew SARFAESI action. Court granted liberty to file fresh SA or initiate fresh action as needed under the SARFAESI Act 2002; parties bear own costs.
Special Appeal disposed; liberty to file fresh Special Appeal and liberty to initiate fresh action under SARFAESI Act 2002.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
PAGE No
CONTD. ORDER.SHEET
CASE No
| DATE | DESCRIPTIONOFTHE ORDER |
|---|---|
| sA63l\122 20109122 |
ShriNitinAgrawal,AdvlbrtheApplicanls Shri GopalJaiswal,,AdvfortheRespondent MatteronbeingtakenRespondentCounsel apprisedtheBenchaswellasApplicant iorntetthaltheRespondent-Bankisgoingto withdrawalltheSARF'AI:SIActioninitiated inpursuanttodemandnoticedatcd13110121 Ann.A-4asfiledbythe applicants' ItespondcnrCounsclalso appriscdthcIlench thatauctionschedulcdon14109122hasnot materializedno bidreceived' Rcspondcnt'Counsclalsoprayslorlibctly.to initiatclicslraclionagainstthcapplicantsb1 lbllowing theprovisionol'thcSARI:ALSI Act. ApplicantCounselhasno obiectionregarding sribmissionoftheI{espondentCounselbut subrnitsthatthereisnopointlbrgranting libertytoinitiatell'eshactionsincelawis there. Bank |
| [,ooking Counscl tosubmissitln thatallthe ol'thcl{csPondcnt SARI;ALTSIaclion initiatedb.vtheRcspondent-Bankinpursuant todemandnotice datedl3ll0l21hasbeen withdrawn,therclbrc thereisnonccdto prosecutethisSA {urther' ApplicantCounscl prayslibertytolllefresh SA whcncvcroccaslollarlscs |
| RETARK |
|---|
CONTD. ORDER.SHEET
PAGE NO
CASE No
| OATE | DESCRIPTION OF THE ORDER | REMARK |
|---|---|---|
| Thereforethis SAandalltheinterirr applicationsarebeingdisposedofa: infiustous,withlibertytolllcafreshSA whenever occasion ariscsandtheRespondent. Bankalsogivcnlibertytoinitiatefieshactior ifneededby fbllowingthe lawandprocedure: asprescribedundertheSAR['AITSIAct2002. Partiesshall bcarowncost |
||
| Record beconsigned1othe record room. (RamNiwasPatel) I)rcsidingolllcer |
1 provisions across 1 enactments
Applicants
Respondent-Bank
Ram Niwas Patel
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
