Pradyumna Mohapatra v. Axis Bank Ltd., Retail Asset Centre, Bhubaneswar
Case brief
What is this about?
Loan overdue settlement order; vehicle release conditioned on 25% overdue deposit plus regular monthly EMI and undertaking; disposed writ petition; Orissa High Court; W.P.(C) No.6279 of 2026; Pradyumna Mohapatra v. Axis Bank Ltd.; Justice B. P. Routray; 10.03.2026; overdue Rs.8,16,922/-; Regd. No.OD-09-X-6665.
What did the court decide?
Petitioner permitted to clear the total overdue amount on or before 30th June 2026, directed to file an undertaking before the Opposite Parties-Authority and to pay regular instalments without default; vehicle bearing Regd. No.OD-09-X-6665 to be released upon depositing 25% of the overdue amount along with the regular monthly EMI and furnishing the undertaking. ¶14