AASRA FOUNDATION AND ANOTHER vs CANARA BANK

217 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP-32457-2024 (O&M) Date of Decision : 22.05.2026 M/S AASRA FOUNDATIONS AND ANR …. Petitioners VERSUS CANARA BANK …. Respondent CORAM: HON’BLE MRS. JUSTICE ALKA SARIN HON’BLE MR. JUSTICE RAMESH CHANDER DIMRI Present : Mr. Amit Jhanji, Senior Advocate with Mr. Rohit Suri, Advocate, Mr. Samarth Suri, Advocate, Mr. Udai Yashvir Singh, Advocate and Mr. Shashank Shekhar, Advocate for the petitioners. Mr. Rakshit Gupta, Advocate for Mr. Rakesh Gupta, Advocate for the respondent. ALKA SARIN, J. (ORAL) 1. The petitioners have filed the present writ petition inter alia challenging the show cause notice dated 11.06.2024 (Annexure P-25) and the order dated 07.11.2024 (Annexure P-27) passed by the respondent whereby the account of the petitioners has been declared as fraud. 2. Learned senior counsel appearing on behalf of the petitioners has contended that the show cause notice dated 11.06.2024 (Annexure P-25) and the order dated 07.11.2024 (Annexure P-27) are both based on the forensic audit report which was never supplied to the petitioners. It is further the contention of the learned senior counsel that in the order dated 07.11.2024