Sadashiba Senapati v. Reserve Bank of India, Bbsr
Case brief
What is this about?
Orissa High Court, Cuttack; W.P.(C). No.3879 of 2025; Sadashiba Senapati v. Reserve Bank of India, Bhubaneswar (Opp. Parties & others); Bench: K.R. Mohapatra and Sanjay Kumar Mishra, JJ.; decided 07.02.2025; writ petition disposed of as withdrawn on counsel's prayer; challenge to notice dated 27.01.2024 (Annexure-5) of Aadhar Housing Finance Limited directing vacation of property by 05.02.2025; notice issued pursuant to District Magistrate, Puri order dated 23.03.2022 (Order No.1084/2022) under Section 14 of the Securitization and Reconstruction of the Financial Assets and Enforcement Security Interest Act, 2002; Section 14 order not challenged; prayer for closure of loan account under OTS Scheme not adjudicated; liberty to work out remedy with the Financer; no costs or quantum discussed.
What did the court decide?
Writ petition permitted to be withdrawn; Petitioner left free to work out his remedy with the Financer, Aadhar Housing Finance Limited. No substantive relief granted on the prayers to set aside the notice or close the loan account under the OTS Scheme.