PAWAN KUMAR GARG & ANR. vs PUNJAB NATIONAL BANK

Judgment text excerpt

$~39 & 47 * IN THE HIGH COURT OF DELHI AT NEW DELHI % Date of Decision: 3rd March, 2025 + W.P.(C) 12981/2024 PAWAN KUMAR GARG & ANR. .....Petitioners Through: Mr. Manohar Malik, Advocate. versus PUNJAB NATIONAL BANK .....Respondent Through: Dr. SS Hooda and Mr. Aditya Hooda, Advocates. + W.P.(C) 12719/2024 & CM APPL. 53029/2024, CM APPL.801/2025 AKASH GUPTA .....Petitioners Through: Mr. Janender Kumar Chumbak, Advocate (through V.C.) versus PUNJAB NATIONAL BANK .....Respondent Through: Dr. SS Hooda and Mr. Aditya Hooda, Advocates. CORAM: HON'BLE MR. JUSTICE MANOJ JAIN J U D G M E N T (oral) W.P.(C) 12981/2024 & CM APPL. 12622/2025 (early hearing) & W.P.(C) 12719/2024 1. Learned counsel for the parties appear in both the abovesaid matters, and with the consent of learned counsel for the petitioners and learned counsel for respondent Bank, both the abovesaid matters, which were, otherwise, fixed up for hearing on 03.04.2025, have been taken up today itself. 2. Accordingly, the date of 03.04.2025 stands cancelled. Signature Not Verified W.P.(C) 12981/2024 & 1 Digitally Signed W.P.(C) 12719/2024 By:SONIA THAPLIYAL Signing Date:05.03.2025 13:11:25 3. W.P.(C) 12981/2024 has been filed by Sh. Pawan Kumar Garg and Sh. Narendra Garg, who were Directors/Guarantors of M/s Apple Industries Limited. 4. As far as W.P.(C) 12719/2024 is concerned, the abovesaid writ petition has been filed by Mr. Akash Gupta, R/o B-1302, Mantri Elegance, NS Palya, Bannerghatta Road, Bangalore-560076. However, when the Show Cause Notice was issued by Punjab National Bank on 18.11.2023, his name has been reflected as ‘Akash Garg’ instead of ‘Akash Gupta’. 5. Learned counsel for petitioners submits that there is some confusion with respect to his surname and submits that it was Mr. Akash Gupta, who was a