Mrs Davinder Kaur and Another v. Aavas Financier Ltd. and Ors.
Case brief
What is this about?
Punjab and Haryana High Court, CWP-22129-2025, decided 02.08.2025 (Sheel Nagu, C.J.; Sanjiv Berry, J.). Borrower-petitioners challenged a notice under Section 13(4) of the SARFAESI Act, 2002 issued in the Aavas Financier Ltd. loan matter; their parallel Securitisation Application (SA 469/2024, also referred to in the order as SA 469/2025) before DRT-II, Chandigarh was pending. Court directed that the statutory SARFAESI remedy be pursued, declined to entertain the writ petition ('no reason or occasion to file this petition'), and disposed of the petition without examining merits, granting liberty to continue before DRT-II, Chandigarh; miscellaneous applications likewise disposed of.
What did the court decide?
Liberty to the petitioners-borrowers to pursue SA 469/2025 pending before the DRT-II, Chandigarh; petition disposed of without commenting upon merits.