WRIT - C No. 10319 of 2025 at Allahabad

Neutral Citation No. - 2025:AHC:52038-DB Court No. - 40 Case :- WRIT - C No. - 10319 of 2025 Petitioner :- M/S Kaushik Electronics Respondent :- State Of U.P. And 3 Others Counsel for Petitioner :- Sanjay Kumar Singh Counsel for Respondent :- Anadi Krishna Narayana,C.S.C. Hon'ble Shekhar B. Saraf,J. Hon'ble Dr. Yogendra Kumar Srivastava,J. 1. Heard learned counsel appearing on behalf of the petitioner, learned Standing Counsel appearing on behalf of the State and Sri Satyajeet Mukherjee, learned counsel appearing on behalf of the respondent Bank. 2. This is a writ petition under Article 226 of the Constitution of India wherein the writ petitioner has prayed for the following substantial reliefs: "i) Issue a writ, order or direction in the nature of certiorari quashing the impugned Possession Notice dated 28.03.2025 Rule-8 (1) read with Rule 8 (2) an Appendix IV of Security Interest (Enforcement) Rules, 2002 and read with Section 13 (4) SARFAESI Act, 2002 issued by the Respondent No.4 against the petitioner. ii) Issue a writ, order or direction in the nature of mandamus direct the respondent No.4 to deposit the entire loan amount of Rs.8,99,425.06/-(Rupees Eight Lacs Ninety Nine Tho