SARVESH BANSAL vs UNION OF INDIA .

The Supreme Court dismissed the writ petition challenging the notice issued under Section 13(2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act), as the respondent-Bank withdrew the notice and opted to execute an Award in its favor. The Court held that since the grievance no longer existed, the petition was rendered moot. Consequently, the ad-interim relief was vacated and no costs were awarded.