Writ petition challenging notice under Sections 13(2) and 14 of the SARFAESI Act dismissed. Holding that Court lacks duty to reschedule loans or ensure convenience for petitioner.
Writ petition dismissed; petitioner allowed to approach appropriate forum.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE HIGH COURT FOR THE STATES OF PUNJAB AND HARYANA AT CHANDIGARH
C.W.P. No.11464 of 2011 Date of Decision.06.07.2011
Karambir Singh s/o Sh. Parma Nand r/o House No.2368, HIG-L, Sector 3, Housing Board Kurukshetra ......Petitioner
Versus
State Bank of India and another
.....Respondents
Present: Mr. Vivek Goyal, Advocate for the petitioner.
CORAM:HON'BLE MR. JUSTICE K. KANNAN
-.-
K. KANNAN J.(ORAL)
(K. KANNAN) JUDGE
July 06, 2011 Pankaj*
2 issues framed by the court
Whether the Court has the duty to reschedule the loan or find what is convenient for the petitioner to make payment.
Whether the petitioner is entitled to discharge the liability by paying a portion of the loan after receiving notice under Section 13(2) of the SARFAESI Act.
1 provisions across 1 enactments
Karambir Singh s/o Sh. Parma Nand
State Bank of India
K. KANNAN
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
