Sumit Sharma v. State of Punjab and Others
Case brief
What is this about?
Settlement-based disposal of writ petition; UCO Bank impleaded as respondent No.5 vide CM-7807-2025; surplus sale proceeds of property mortgaged by petitioner, left with Bank after realisation of loan dues, directed to be handed over and released to petitioner's father Vijay Kumar Sharma upon application and completion of formalities; Punjab & Haryana HC, 23-07-2025, Harsimran Singh Sethi, J.; speaking but not reportable.
What did the court decide?
Petition disposed of on the basis of the amicable settlement: the remaining cash amount lying with the Bank after realisation of its dues from the sale of the property mortgaged by the petitioner is to be handed over to Mr. Vijay Kumar Sharma (petitioner's father); on application, the Bank, after completing formalities, to release the amount in his favour. Pending applications, if any, also disposed of.