herein has approached respondent bank several times and offered to settle the loan account, which was considered and accepted by respondent bank vide their settlement letters dated 19.03.2022 and 21.03.2022. However, the same was not appraised by applicants. Hence, respondent bank proceeded further and issued Possession Notice dated 07.05.2022 which was affixed in the conspicuous place of the secured asset and published on 11.05.2022 in two leading newspapers (Dinamani and The New Indian Express) as warranted under law. It is the further case of respondent bank that after issuance of the possession notice dated 07.05.2022, respondent bank had sent a letter dated 15.05.2022 to applicants, requesting them to vacate the premises and hand over vacant possession of the property, wherein the date of the letter was wrongly typed as 15.02.2022 which is only a typographical error. Ld.Counsel submits that all the necessary documents are duly furnished before the Ld.CJM and obtained the impugned order for taking physical possession of the secured asset and that respondent bank has followed the procedure as warranted under law. Submitting so, Ld.Counsel prayed for passing necessary orders.
