Mr. Lalith Jain v. Canara Bank
Case brief
What is this about?
High Court of Karnataka at Bengaluru | WRIT PETITION NO.26720 OF 2024 (GM-RES) | Justice E.S. Indiresh | Lalith Jain v. Canara Bank (Asset Recovery Management Branch-I) | Show Cause Notice dated 20.09.2024 (Annexure-E); reply/objections dated 25.09.2024 (Annexure-F) | Article 226, Constitution of India | Disposed of: Bank to consider objections and pass appropriate orders in accordance with law within two months; no precipitative/coercive action meanwhile | Advocates: M. Mohamed Ibrahim and Ashok Kumar R. (petitioner); Shetty Vignesh Shivaram (respondent).
What did the court decide?
Directions to the respondent-Bank to consider the reply/objections dated 25.09.2024 (Annexure–F) and pass appropriate orders in accordance with law within two months, communicating the decision to the petitioner; interim restraint from precipitative/coercive action until such decision.