Ullas Swain v. Indian Overseas Bank, Bbsr
Case brief
What is this about?
Orissa High Court writ disposed on counsel's statement: Indian Overseas Bank; Section 14 SARFAESI Act application before Chief Judicial Magistrate, Cuttack; order dated 01.08.2025; physical possession of property (Plot Nos.2319/5534, 7492 sq.ft., Mouza-Nimpur, Madhupatna, Cuttack) to be handed over to petitioner Ullas Swain by 01.09.2025; no adjudication on merits; statement taken on record.
What did the court decide?
No formal direction issued; the writ petition was disposed of with the bank counsel's statement recorded that possession of the property will be handed over to the petitioner by 01.09.2025 positively pursuant to the Chief Judicial Magistrate, Cuttack order dated 01.08.2025 under Section 14 of the SARFAESI Act. ¶18