Allahabad High Court · 2025-10-08
WRIT - C No. 33806 of 2025 at Allahabad
- Citation / case number
- WRIT - C No. 33806 of 2025 at Allahabad
- Court
- Allahabad High Court
- Petitioner
- WRIT - C No. 33806 of 2025 at Allahabad
- Respondent
- Unknown
Judgment text excerpt
HIGH COURT OF JUDICATURE AT ALLAHABAD WRIT - C No. - 33806 of 2025 M/S Bharat Furniture Proprietor Nseem Saifi .....Petitioner(s) Versus State Of U.P. And 2 Others .....Respondent(s) Counsel for Petitioner(s) : Haseen Ahmad, Sipte Husain Counsel for Respondent(s) : C.S.C., Krishna Mohan Asthana Court No. - 3 HON'BLE SAUMITRA DAYAL SINGH, J. HON'BLE INDRAJEET SHUKLA, J. 1. Heard Sri Haseen Ahmad, learned counsel for the petitioner, learned Standing Counsel for the State-respondent and Sri Krishna Mohan Asthana, learned counsel for the Bank. 2. Petitioner has committed default in repayment of secured debt to the respondent-Bank. Bank has initiated proceedings under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Auction sale notice has been issued however, no auction has taken place. 3. In view of that development, primarily no interference may be offered on the merits of the dispute brought by the petitioner. However, learned counsel for the petitioner states that the petitioner is not interested in raising any dispute on merits of the recovery being pressed against the petitioner. In fact, the petitioner does not propose to