Neha Power Solution, Cuttack v. Nutan Agarwal Authorised Officer of Icici Bank Ltd., Kolkata
Writ Petition – Withdrawal
Case brief
What is this about?
Neha Power Solution, Cuttack & ors. v. Nutan Agarwal, Authorised Officer, ICICI Bank Ltd & ors.; W.P.(C). No.4698 of 2025; High Court of Orissa at Cuttack; order dated 06.03.2025; coram Justice K.R. Mohapatra and Justice Sanjay Kumar Mishra; advocate Bibhuti Bhusan Nanda for petitioners. Subject: threatened auction of house/property pledged as collateral against Rs. 75,00,000/- cash credit facility and requested 15-instalment repayment. Outcome: writ petition withdrawn and disposed of as withdrawn with liberty to seek remedies under law; no findings on the auction or loan issues.
What did the court decide?
Permission to withdraw the writ petition; no substantive relief granted on the prayer restraining auction or permitting instalment repayment; liberty left to pursue remedies under law. ¶20