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october 2025

Allahabad High Court · 2025-10-13

WRIT - C No. 34621 of 2025 at Allahabad

Citation / case number
WRIT - C No. 34621 of 2025 at Allahabad
Court
Allahabad High Court
Petitioner
WRIT - C No. 34621 of 2025 at Allahabad
Respondent
Unknown
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Judgment text excerpt

HIGH COURT OF JUDICATURE AT ALLAHABAD WRIT - C No. - 34621 of 2025 M/S Wonder Foods And Another .....Petitioner(s) Versus H.D.F.C. Bank Ltd. And 2 Others .....Respondent(s) Counsel for Petitioner(s) : Ajay Kumar Counsel for Respondent(s) : Maneesh Mehrotra Court No. - 3 HON'BLE SAUMITRA DAYAL SINGH, J. HON'BLE INDRAJEET SHUKLA, J. 1. Heard learned counsel for the petitioner and Sri Maneesh Mehrotra learned counsel for the respondent bank. 2. Petitioners seek regularisation of his loan account. They claim default of only few equated monthly installments (EMIs). However, the respondents have recalled the entire loan. That decision of the bank is being questioned. 3. On the other hand, learned counsel for the bank had offered to accept the entire amount of Rs. 44,31,137/- together with due interest, in installments. 4. Since the learned counsel for the petitioner seeks to dispute the correctness of the recovery being made and since the recovery has arisen in accordance with the provisions of SARFAESI Act, 2002, interference claimed in the present writ petition is declined. Leaving it open to the petitioners to avail statutory remedy, in accordance with law, writ petition is dismissed

WRIT - C No. 34621 of 2025 at Allahabad · Niyam