The Special Adjudicating Officer disposed of one interim sale petition as infructuous due to failed auction and vacated an earlier sale order because no sale took place, directing new service of notice and scheduling a fresh hearing.
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Order Sheet
| Case No. SA | 345 of 2023 Shri Priyabrata Nayek –vs- Punjab National Bank & Anr. |
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|---|---|---|
| Date of the Order |
Order with Signature | Office action with date and dated Signature of Parties when necessary |
| 15.1.2025 (Suppl List 1) (Order No. 6) |
Mr. Diganta Das, Ms. Aishwarya Roy, Mr. Arka Naha. … For the Sarfaesi Applicant. Ms. Anindita Das, Mr. Ronti Das. … For the Respondent Bank. |
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| The learned counsel for the sarfaesi applicant has filed put up petition IA 3063 of 2024 for hearing IA 3064 of 2024. Learned counsel for the bank submits that due to want of bid, auction failed. As there is no auction due to want of bidder, the interim application IA 3064 of 2024 becomes infructuous and disposed of accordingly. The put up petition IA 3063 of 2024 is disposed of. |
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| It is further submitted from Bar that there was a challenge of earlier sale notice in IA 366 of 2024 and it is submitted by the learned counsel for the respondent bank that the said sale notice was not materialised. |
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| Therefore IA 366 of 2024 is disposed of. |
2
Office action with date and dated Signature of Parties when necessary
Date of Order with Signature the Order There is an interim order dated 11.3.2024. As there was no sale, the same is vacated. On request of the learned counsel for the respondent bank, leaned counsel for the applicant is ready to serve another copy of SA on the respondent bank which the applicant may serve within seven days. Thereafter, the respondent bank is directed to file affidavit-in-opposition to SA within fifteen days with copy to the applicant who may file reply within seven days thereafter. List SA for hearing on 12.3.2025. (Ambuja Mohan Das) Presiding Officer ac
Shri Priyabrata Nayek
Punjab National Bank
Ambuja Mohan Das
As recorded by the court registry
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