PAWAN KUMAR GARG & ANR. vs PUNJAB NATIONAL BANK

$~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. 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