Rekha Jagga and Anr. v. Union Bank of India through Its Authorized Officer

Punjab & Haryana HC18 Aug 2025CWP/2248/2023

Case brief

AI extract

What is this about?

CWP-2248-2023; High Court of Punjab and Haryana at Chandigarh; SARFAESI Act Sections 13(2), 13(4), 14(1-A); possession notice; borrowers versus Union Bank of India through Authorized Officer; loan account settled and closed; email dated 13.08.2025 taken on record as Annexure X; petition disposed of as infructuous with consent of parties; Sheel Nagu, Chief Justice; Sanjiv Berry, Judge; decided 18.08.2025.

What did the court decide?

In view of the settlement and closure of the loan account, and with the consent of the other side, the present petition stands disposed of as having been rendered infructuous. ¶19-20

Rekha Jagga and Anr. Vs Union Bank of India… — Banking and Recovery | Punjab & Haryana HC (2025)

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231

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IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH

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CWP-2248-2023 Date of decision: 18.08.2025

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REKHA JAGGA AND ANR

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...PETITIONERS

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Versus

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UNION BANK OF INDIA THROUGH ITS AUTHORIZED OFFICER

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...RESPONDENT

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CORAM: HON'BLE MR. JUSTICE SHEEL NAGU, CHIEF JUSTICE HON'BLE MR. JUSTICE SANJIV BERRY

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Present: Mr. A.P. Kaushal, Advocate for the petitioners.

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Mr. Gaurav Goel, Advocate for respondent-Bank.

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SHEEL NAGU, C.J. (Oral)

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This petition has been filed by petitioners-borrowers assailing notice under Section 13 (2) and 13 (4) of the SARFAESI Act and the possession notice under Section 14 (1- A).

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Learned counsel for the respondent-Bank, at the very outset, informs that the loan account has been settled and closed. Relevant copy of email dated 13.08.2025 is taken on record as Annexure X.

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