Allahabad High Court · 2026-05-04
WRIT - C No. 17295 of 2026 at Allahabad
- Citation / case number
- WRIT - C No. 17295 of 2026 at Allahabad
- Court
- Allahabad High Court
- Petitioner
- WRIT - C No. 17295 of 2026 at Allahabad
- Respondent
- Unknown
Judgment text excerpt
HIGH COURT OF JUDICATURE AT ALLAHABAD WRIT - C No. - 17295 of 2026 Canara Bank .....Petitioner(s) Versus The Chairperson, Debts Recovery Appellate Tribunal, Allahabad And 4 Others .....Respondent(s) Counsel for Petitioner(s) : Maneesh Mehrotra Counsel for Respondent(s) : Court No. - 5 HON'BLE VIKAS BUDHWAR, J. 1. Heard Shri Maneesh Mehrotra, learned counsel for the plaintiff-petitioner. 2. In view of the order, which is being proposed to be passed today, notices are not being issued to the respondent nos. 1 to 5. 3. The case of the petitioner is that M/s Shivani Fresh Foods through its partner has taken financial assistance from the petitioner-Bank, however, the borrower did not stick to the timelines and did not maintain its financial discipline owing to which proceedings stood initiated under the provisions contained under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. The petitioner-bank also obtained an order under Section 14 of the Act dated 17.01.2025 and the respondent no. 2-borrower preferred a securitization application No. 609 of 2023 for setting aside of the impugned possess notice dated 17.06.2023 and the act of the