M/S SATGURU FOUNATIONS (REGD.) vs MANOJ S.R (AGM) THE AUTHORIZED OFFICER, SARM BRANCH CANARA BANK

COCP-6280-2025 (O & M) 1 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 213 COCP No.6280 of 2025 (O & M) Date of decision :-11.05.2026 M/s Satguru Foundations (Regd.) …..Petitioner Versus Manoj S.R. (AGM) …..Respondent CORAM:- HON'BLE MS. JUSTICE NIDHI GUPTA Present:- Ms. Pridhi Sandhu, Advocate for the petitioner. Mr. Rakesh Gupta, Advocate for the respondent. NIDHI GUPTA J. (Oral) Present contempt petition has been filed alleging violation of order dated 22.9.2025 (Annexure P-2) passed by a Division Bench of this Court in CWP-12956-2022 titled as “M/s Satguru Foundation (Regd.) and another vs. Canara Bank and another”, whereby the petition was disposed of with the following observations :- “xxx xxx xxx 5. The petitioners are relegated to avail the appropriate statutory remedy under the SARFAESI Act before the DRT and thereafter, before DRAT. In case the petitioners prefer an application under Section 17 of SARFAESI Act within a period of 30 days from today along with copy of this order, the same shall be considered and decided on its own VIJAY ASIJA 2026.05.13 12.11 I attest to the accuracy and integrity of this document COCP-6280-2025 (O & M) 2 merits, without being dismi