Dismissed

Jm Financial Asset Reconstruction Company Ltd. v. State of Assam and 7 Ors.

Gauhati HC4 Aug 2023WP(C)/2009/2023

Case brief

AI extract

What is this about?

The writ petition challenging the disposal of a loan recovery matter was found not pressed by the petitioner. The court disposed of the application without any substantive adjudication on merits, keeping any interim orders in limbo.

What did the court decide?

The writ petition disposed of as not pressed; any interim order (if any) stands vacated.

Jm Financial Asset Reconstruction Company Ltd. Vs… — Company and Corporate | Gauhati HC (2023)

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Page No.# 1/3

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GAHC010169062023

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THE GAUHATI HIGH COURT (HIGH COURT OF ASSAM, NAGALAND, MIZORAM AND ARUNACHAL PRADESH)

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Case : WP(C)/2009/2023

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JM FINANCIAL ASSET RECONSTRUCTION COMPANY LTD. (FORMERLY KNOWN AS JM FINANCIAL ASSET RECONSTRUCTION COMPANY PRIVATE LIMITED) A COMPANY INCORPORATED UNDER THE COMPANIES ACT 1956 AND REGISTERED AS AN ASSET RECONSTRUCTION COMPANY PURSUANT TO SECTION 3 OF THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT 2002 AND A FINANCIAL INSTITUTION UNDER SECTION 20 (H) (IA) OF THE RECOVERY OF THE DEBTS AND BANKRUPTCY ACT 1963 AND HAVING ITS REGISTERED OFFICE AT 7TH FLOOR CNERGY APPASAHEB MARATHE MARG PRABHADEVI MUMBAI 400025 AND ALSO HAVING OFFICE AT 8TH FLOOR KANKARIA ESTATE 6 LITTLE RUSSEL STREET KOLKATA 700071

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VERSUS STATE OF ASSAM AND 7 ORS. REPRESENTED BY THE COMMISSIONER AND SECRETARY TO THE GOVERNMENT OF ASSAM DISPUR GUWAHATI 2:DEPUTY COMMISSIONER NALBARI OFFICE OF THE DEPUTY COMMISSIONER NALBARI ASSAM 3:SARAIGHAT HOSPITAL PVT. LTD.

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Page No.# 2/3

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(BORROWER) LOCATED AT KAHILIPARA (LUTUMA) GUWAHATI-781018 ASSAM 4:DEVABRATA TALUKDAR (GUARANTOR/DIRECTOR) AT HOUSE NO. 1 ANIL NAGAR RAJGARH LINK ROAD BYLANE NO. 4 GUWAHATI-781007 5:DR. SWARNALATA TALUKDAR (HEIR OF DR. CHANDRAKANTA TALUKDAR MALILCHI NALBARI P.O.-TERESIA 781334 AND ALSO AT WARD NO. 7 NALBARI TOWN DIST-NALBARI ASSAM-781335 6:DR. MRIGANKA TALUKDAR (HEIR OF DR. CHANDRAKANTA TALUKDAR MALIKUCHI) NALBARI P.O.-TERESIA 781334 AND ALSO AT WARD NO. 7 NALBARI TOWN DIST-NALBARI ASSAM-781335 7:KHANINDRA TALUKDAR HOUSE NO. 1 ANIL NAGAR RAJGARH LINK ROAD BYLANE NO. 4 GUWAHATI-7 8:DR. KAMALA KALITA HOUSE NO. 21 BISHNU RABHA PATH BELTOLA GUWAHATI-781028 -----------Advocate for : MR. B SHARMA Advocate for : GA ASSAM appearing for STATE OF ASSAM AND 7 ORS.

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BEFORE

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HONOURABLE MR. JUSTICE SUMAN SHYAM

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ORDER

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Date : 04-08-2023

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Page No.# 3/3

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Mr. Bikash Sarma, learned counsel for the writ petitioner submits that the grievance

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of the petitioner has already been redressed and therefore, he has instruction from his client not to press this writ petition any further.

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Mr. R.B. Phookan, learned counsel is present on behalf of respondent Nos. 3 to 7

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whereas Ms. M. Barman, learned Govt. Advocate, Assam is present on behalf of the official respondents.

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In view of the submission made by Mr. Sarma, learned counsel for the writ petitioner, this writ petition stands disposed of as not pressed.

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Interim order, if any, shall stands vacated.

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JUDGE

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Comparing Assistant

Jm Financial Asset Reconstruction Company Ltd. v. State of Assam and 7 Ors.

Case brief

What is this about?

What did the court decide?

Jm Financial Asset Reconstruction Company Ltd. v. State of Assam and 7 Ors.

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Parties & counsel

Coram

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