ASHOK KUMAR vs HDFC BANK AND OTHERS

IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 134 CWP-12697-2026 Date of Decision: 05.05.2026 Ashok Kumar and another ....Petitioners Versus HDFC Bank and others ....Respondents CORAM: HON'BLE MR. JUSTICE SUVIR SEHGAL HON'BLE MR. JUSTICE VIKAS SURI ---- Present: Mr. Kanwaljeet Singh, Advocate for the petitioner. Mr. Saurabh Bhardwaj, Advocate (through V.C) for respondents No.1 to 3–Bank. **** SUVIR SEHGAL, J. (ORAL) 1. Upon instructions from Mr. Dharaminder Pal Singh, Authorized Officer, counsel for respondents No.1 to 3–Bank submits that notice under Section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short, ‘SARFAESI Act’), will be withdrawn in due course and further action shall be taken after the decision of the objections, Annexure P-4, submitted by the petitioner. 2. Statement of the counsel for respondents No.1 to 3–Bank is taken on record. 3. Writ petition is disposed of. (SUVIR SEHGAL) JUDGE (VIKAS SURI) May 05, 2026 JUDGE Varinder Whether speaking/reasoned : Yes/No Whether reportable : Yes/No VARINDER PRASHAD 2026.05.11 18:14 I attest to the accuracy of this document PHHC