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april 2025

Allahabad High Court · 2025-04-09

WRIT - C No. 9232 of 2025 at Allahabad

Citation / case number
WRIT - C No. 9232 of 2025 at Allahabad
Court
Allahabad High Court
Petitioner
WRIT - C No. 9232 of 2025 at Allahabad
Respondent
Unknown
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Judgment text excerpt

Neutral Citation No. - 2025:AHC:51499-DB Court No. - 40 Case :- WRIT - C No. - 9232 of 2025 Petitioner :- M/S Ahamd Trading Corporation And Another Respondent :- Authorized Officer And Another Counsel for Petitioner :- Ashutosh Shukla,Rajesh Dutta Pandey Counsel for Respondent :- Jainendra Kumar Mishra Hon'ble Shekhar B. Saraf,J. Hon'ble Dr. Yogendra Kumar Srivastava,J. Heard learned counsel for the petitioners and the learned counsel appearing for the respondents. The present petition under Article 226 of the Constitution has been filed seeking to challenge the sale notice for sale of immovable properties dated 20.02.2025, under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and proviso to Rule 8(6) read with Rule 9(1) of the Security Interest (Enforcement) Rules, 2002, issued by the respondent No.1 to the petitioners for recovery of loan amount to the tune of Rs.2,62,47,218.53. The petitioners, further, by way of the present writ petition has sought a direction to the respondents restraining them from adoping any coercive measure to recover the aforesaid loan amount sought to be recovered by the aforesaid sale notice. Upon

WRIT - C No. 9232 of 2025 at Allahabad · Niyam