Disposed¶18

Oceanik Builditech and Construction Pvt. Ltd. Thro Its Authorized Officer Ashwani K Rai v. Bank of India, through Its Branch Manager

Jharkhand HC7 Jul 2026WPC/4771/2026

Case brief

AI extract

What is this about?

Jharkhand High Court, Ranchi; W.P.(C) No. 4771 of 2026; decided 07.07.2026 by Ananda Sen, J.; writ application disposed of as withdrawn with liberty to approach the Debt Recovery Tribunal as the statutory alternative forum; petitioners: Oceanik Builditech and Construction Private Limited, Sushil Kumar; respondents: Bank of India, Chief Manager Ranchi Recovery Branch Bank of India, District Certificate Officer Ranchi, Deputy Commissioner Ranchi, M/s BMP Ploymers, Yogesh Kumar Sahu; counsel: Kalyan Roy (Sr. Advocate), Shivani Jaluka; Moushmi Chatterjee (AC to GA-V), Rohit Ranjan Sinha, Gyanendra Kumar.

What did the court decide?

Withdrawal of the writ application permitted, with liberty to approach the Debt Recovery Tribunal. ¶18

Oceanik Builditech and Construction Pvt. Ltd. Thro Its Authorized Officer Ashwani K Rai Vs Bank of India, through Its Branch Manager — Jharkhand HC (2026) — LawSathi Research

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2026:JHHC:19927

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IN THE HIGH COURT OF JHARKHAND AT RANCHI W.P.(C) No. 4771 of 2026

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Oceanik Builditech and Construction Private Limited, having its office at HI-78, Harmu Housing Colony, PO & PS-Argora, DistrictRanchi, through its Authorized Officer Ashwani K Rai, Son of Binay Kumar Rai, aged about 40 years, Resident of B-44, Harmu Housing Colony, PO & PS-Argora, Dist-Ranchi.

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Sushil Kumar, Son of Late Lalan Singh, aged about 46 years, Resident of Amba Nagar, Road No.3, Panchseel Nagar, Pandra, Hehal, PO & PS-Hehal, Dist-Ranchi. … … Petitioner(s)

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Versus

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Bank of India, through its Branch Manager, officiating from his office at Club Side Branch, 1^st Floor, Good Books Building, Main Road (South), PO GPO, PS-Kotwali, Dist-Ranchi.

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Chief Manager, Ranchi Recovery Branch, Bank of India, officiating from his office at Pradhan Towers (2^nd Floor), Near Overbridge, Main Road, PO, GPO, PS-Kotwali, Dist-Ranchi.

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District Certificate Officer, Ranchi, officiating from his office at Office of District Certificate Officer, Ranchi, Collectorate Building, PO & PS-Kutchery, Dist-Ranchi.

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Deputy Commissioner, Ranchi, officiating from his office at Office of Deputy Commissioner, Ranchi, Collectorate Building, PO & PSKutchery, Dist-Ranchi.

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M/s BMP Ploymers, a Partnership firm, having its office at Village Haratu, Dhel Wakhatu, PO & PS-Sikidri, Dist-Ranchi.

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Yogesh Kumar Sahu, son of Goberdhan Sahu, Resident of Near Hanuman Mandir, Argora, PO & PS-Argora, Dist-Ranchi.

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… … Respondent(s)

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CORAM : SRI ANANDA SEN, J.

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For the Petitioner(s) : Mr. Kalyan Roy, Sr. Advocate Ms. Shivani Jaluka, Advocate For the Respondent(s) : Mrs. Moushmi Chatterjee, AC to GA-V Mr. Rohit Ranjan Sinha, Advocate Dr. Gyanendra Kumar, Advocate ------

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02/ 07^th July, 2026

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1. Learned counsel representing the petitioners seeks permission to withdraw this writ application with a liberty to approach Debt Recovery Tribunal which is the statutory alternative forum available to the petitioners.

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2. Prayer is allowed.

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3. Accordingly, this writ application is disposed of as withdrawn with the aforesaid liberty.

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(ANANDA SEN, J.)

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07^th July, 2026 S.K.D/CP-2

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Uploaded on 09.07.2026

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Oceanik Builditech and Construction Pvt. Ltd. Thro Its Authorized Officer Ashwani K Rai v. Bank of India, through Its Branch Manager

Case brief

What is this about?

What did the court decide?

Oceanik Builditech and Construction Pvt. Ltd. Thro Its Authorized Officer Ashwani K Rai v. Bank of India, through Its Branch Manager

Case brief

What is this about?

What did the court decide?

Why is it important?

What the court decided

Issues for consideration

Parties & counsel

Coram

Case details

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