CHANDAN KUMAR ALIAS CHANDAN NEHORIA vs HDFC BANK LIMITED AND ANOTHER

IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 127 CWP-10822-2026 Date of Decision: 12.05.2026 Chandan Kumar alias Chandan Nehoria ....Petitioner Versus HDFC Bank Limited and another ....Respondents CORAM: HON'BLE MR. JUSTICE SUVIR SEHGAL HON'BLE MR. JUSTICE VIKAS SURI ---- Present: Mr. Sandeep Kumar Bokolia, Advocate for petitioner. Mr. Saurabh Bhardwaj, Advocate (through V.C) for respondents – Bank. **** SUVIR SEHGAL, J. (ORAL) 1. Two fold prayer has been made by the petitioner in this writ petition. First prayer is for setting aside the e-auction sale notice dated 10.11.2025 issued under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short, ‘SARFAESI Act’). The second prayer is for directing the respondents-Bank to consider the proposal dated 25.03.2026, Annexure P-2, for One Time Settlement (OTS). 2. Advance copy of the petition has been served upon the respondents. 3. Mr. Saurabh Bhardwaj, Advocate has appeared through virtual platform on behalf of respondents-Bank. Upon instructions, he states that VARINDER PRASHAD 2026.05.15 12:01 I attest to the accuracy of this document PHHC CWP-10822-2