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Simranjit Singh vs Allahabad Bank And Ors
2024 Latest Caselaw 8455 P&H

Citation : 2024 Latest Caselaw 8455 P&H
Judgement Date : 22 April, 2024

Punjab-Haryana High Court

Simranjit Singh vs Allahabad Bank And Ors on 22 April, 2024

                                   Neutral Citation No:=2024:PHHC:054295




                                                           2024:PHHC:054295

CR-2231-2024 (O&M)                                               - 1-

      IN THE HIGH COURT OF PUNJAB AND HARYANA
                    AT CHANDIGARH.

127                                 CR-2231-2024 (O&M)
                                    Date of decision: 22.04.2024.

Simranjit Singh                                              ...Petitioner.

                           Versus

Allahabad Bank and another                                   ....Respondents.

                            ***

CORAM: HON'BLE MRS. JUSTICE SUKHVINDER KAUR
                ----

Present:     Mr. Lalit Chander, Advocate
             for the petitioner.

             Mr. Gaurav Goel, Advocate and
             Mr. Tarlok, Advocate
             for respondent No.1-Bank.

                    ****

Sukhvinder Kaur, J.

By way of present revision petition, the petitioner has

challenged order dated 01.02.2024 (Annexure P-6) and order dated

06.03.2024 (Annexure P-7), passed by the trial Court, vide which the

application filed by the petitioner for stay of the execution proceedings was

dismissed and the mortgaged property of the petitioner was ordered to put to

auction illegally and arbitrarily.

2. Brief facts which are relevant for adjudication of the present

revision petition are that respondent No.1 Allahabad Bank filed mortgage

suit under order XXXIV of CPC against the petitioner and proforma

respondent No.2 for recovery of Rs.13,26,576/- ( i.e. Rs.8,58,064/- being

1 of 3

Neutral Citation No:=2024:PHHC:054295

2024:PHHC:054295

CR-2231-2024 (O&M) - 2-

Dairy Term Loan and Rs.4,68,512/- being Dairy Cash Credit Limit account)

including interest applied upto date alongwith pendentelite and future

interest since 01.02.2015 at the rate of Rs.11.70% per annum with monthly

rests and by sale of agricultural land measuring 13 kanals 0 marlas bearing

Khata No.116/154 Khasra No.276//19/1 (7-4), 275//16/1 (5-16) situated at

Sunam-C as per jamabandi for the year 2004-05 which has been mortgaged

by the defendants with the plaintiff bank vide registered Mortgage Deed

No.4244 dated 07.02.2008 and Mortgage Deed No.3082 dated 24.12.2009

registered in the office of Sub Registrar, Sunam and by sale of hypothecated

dairy goods and crops lying and standing in the mortgaged land and also

form the personal and other properties of the defendants jointly and

severally.

3. The aforesaid suit was decreed by the trial Court vide judgment

and decree dated 20.12.2021. Aggrieved against the said judgment and

decree, the appeal was preferred by the appellant before the Appellate Court

of District Judge, Sangrur. Alongwith the appeal, an application for staying

the operation of the judgment and decree under appeal was also filed but till

date the aforesaid appeal as well as application preferred by the petitioner

have not been decided.

4. The respondent-Bank has filed the execution application

bearing No.EXE/72/2023 under Order 21 Rule 66 CPC before the Civil

Judge (Junior Division), Sunam for recovery of amount of Rs.19,98,836/-.

The Executing Court vide order dated 01.02.2024 has dismissed the

application for staying the execution proceedings. Thereafter, vide order

dated 06.03.2024, the Executing Court rejected the objections raised by the

2 of 3

Neutral Citation No:=2024:PHHC:054295

2024:PHHC:054295

CR-2231-2024 (O&M) - 3-

petitioner and ordered the mortgaged land to put on auction. Hence, the

present revision petition has been filed by the petitioner.

5. During the course of arguments, it has been submitted by

learned counsel for the petitioner the he will be satisfied if the First

Appellate Court, Sangrur is directed to decide the Civil Appeal No.72 of

2023 preferred against the judgment and decree dated 20.12.2021 passed by

the trial Court in a time bound manner.

6. Keeping in view the above and as the execution proceedings

are going on for execution of judgment and decree dated 20.12.2021 passed

by the trial Court in CIS No.CS-23-2019, the Appellate Court is directed to

decide the appeal pending before it against the judgment and decree dated

20.12.2021 expeditiously, in accordance with law, after hearing both the

parties, preferably within a period of two months from the date of receipt of

a copy of this order. Till then the order dated 06.03.2024 of Executing Court

be kept in abeyance.

7. Revision petition is disposed of in the aforesaid terms.

8. All pending applications, if any, also stand disposed of

accordingly.

(SUKHVINDER KAUR) JUDGE

22.04.2024.

komal

               Whether speaking/ reasoned       :      Yes/ No
               Whether Reportable               :      Yes/ No




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