UCO BANK vs STATE OF PUNJAB AND ANOTHER

2026:PHHC:072774-DB CWP-1645-2026 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP-1645-2026 Date of decision:-05.05.2026 UCO Bank ...Petitioner Versus State of Punjab and another ...Respondents CORAM: HON’BLE MR. JUSTICE SUVIR SEHGAL HON’ BLE MR. JUSTICE VIKAS SURI Present: Mr. Sumit Narang, Advocate for the petitioner (THROUGH V.C.) Mr. Raghav Goel, AAG, Punjab. Mr. Amashdeep Singh, Special Public Prosecutor for respondent No.2 — CBI. 2k 2s 2k SUVIR SEHGAL, J.(ORAL) 1. This petition has been filed, inter alia, for issuance of a writ in the nature of mandamus directing State of Punjab — respondent No.1 to grant necessary consent to CBI — respondent No.2 for registration of an FIR and investigate the case pertaining to M/s Garg and Company, who allegedly have committed a fraud with the bank. 2. M/s Garg and Company was an old customer of the petitioner — bank and its entire loan exposure to the State Bank of Patiala 2026 PHHC vara CWP-1645-2026 was taken over by the petitioner with some enhancement in the year 2013. Petitioner made the payment and on 26.10.2013, a compendium of enforceable documents were executed between the borrowers and the guarantors. The loan facility