Citation : 2023 Latest Caselaw 2037 UK
Judgement Date : 2 August, 2023
IN THE HIGH COURT OF UTTARAKHAND
AT NAINITAL
THE HON'BLE THE CHIEF JUSTICE SRI VIPIN SANGHI
AND
THE HON'BLE SRI JUSTICE RAKESH THAPLIYAL
WRIT PETITION (M/B) NO. 186 OF 2023
2ND AUGUST, 2023
Between:
Salik Alvi ...... Petitioner
and
Punjab National Bank ...... Respondent
Counsel for the petitioner : Mr. Deepak Joshi, learned counsel
Counsel for the respondent : --
The Court made the following:
JUDGMENT: (per Hon'ble The Chief Justice Sri Vipin Sanghi)
The petitioner has preferred the present writ
petition to assail the order dated 29.05.2023, passed by
the P.O., DRT, Dehradun, in S.A. No. 128 of 2023,
preferred by the petitioner under Section 17 of the
SARFAESI Act.
2) By the impugned order, the DRT required the
petitioner / borrower to deposit rupees ten lacs in the
2
Tribunal, so as to consider the prayer of the petitioner
which was to challenge the auction sale of the
petitioner's property - the secured asset, conducted by
the respondent bank under the SARFAESI Act.
3) The petitioner also assails the order dated
27.06.2023, whereby the said application was dismissed
in default. Pertinently, in relation to the second order,
the petitioner has already preferred restoration
application, which is pending consideration.
4) The submission of learned counsel for the
petitioner is that the petitioner's application under
Section 17 would not be considered, unless the
petitioner makes a deposit of rupees ten lacs, as
directed vide order dated 29.05.2023. The petitioner
assails the imposition of the said condition by the DRT.
5) Learned counsel submits that, since the
petitioner has very good case on merits, he could not
have been required to make the said deposit by the DRT.
We do not find any merit in this submission. Admittedly,
the petitioner is a defaulter, and the petitioner's account
was declared NPA by the respondent bank.
6) In these circumstances, in our view, the DRT
was justified in imposing the said condition on the
3
petitioner. In any event, the petitioner has statutory
right of appeal before the DRAT and, that is another
reason, why we are not inclined to entertain the present
petition.
7) The writ petition is, accordingly, dismissed.
8) Interim Relief Application (IA No. 01 of 2023)
also stands disposed of.
________________
VIPIN SANGHI, C.J.
_________________
RAKESH THAPLIYAL, J.
Dt: 2nd AUGUST, 2023 Negi
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