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Laxmi Traders and Another v. Authorized Officer, Secured Creditor Punjab National Bank Circle Sastra Centre and Another

Dismissed on merits
Court
High Court of Judicature at Allahabad
Decided
25 October 2023
Case no.
WRIC 36738/2023

Judgment

Court No. - 3 Case :- WRIT - C No. - 36738 of 2023 Petitioner :- Laxmi Traders And Another Respondent :- Authorized Officer, Secured Creditor Punjab National Bank Circle Sastra Centre And Another Counsel for Petitioner :- Chandan Kumar Jaiswal Counsel for Respondent :- Ankit Saran Hon'ble Siddhartha Varma,J. Hon'ble Manoj Bajaj,J. This writ petition has been filed against the E-auction sale notice dated 20.09.2023. Sri Yogesh Mishra holding brief of Sri Ankit Saran, learned counsel for the Bank has stated that since auction proceedings have been initiated, as per the Judgement of Hon'ble Apex Court in the case of CELIR LLP VS. Bafna Motors (Mumbai) Pvt. Ltd. and others decided on 21.09.2023 in Civil Appeal Nos.5542 of 2023, no interference be made by this Court in the instance writ petition. We find substance in the submission of the learned counsel for the Bank. No interference is warranted. The writ petition is dismissed. Order Date :- 26.10.2023 Raj High Court of Judicature at Allahabad

Source: High Court of Judicature at Allahabad, through the eCourts High Court services, via the Indian High Court Judgments open dataset by Dattam Labs (CC BY 4.0). Text was extracted from the official PDF and may contain conversion errors. Check the official PDF before relying on it.