Punjab National Bank v. State of Punjab & Ors.
Case at a glance
Provisions considered
Key paragraphs
- Para 55. Heard. Heard. In view of the limited prayer of the petitioner, this petition is In view of the limited prayer of the petitioner, this petition is In view of the limited prayer of the petitioner, this petition is disposed of with a direction to…
Judgment
CORAM : HON’BLE MR. JUSTICE ANUPINDE HON’BLE MR. JUSTICE ANUPINDER SINGH GREWAL HON’BLE MR. JUSTICE ANUPINDE HON’BLE MS. JUSTICE LAPITA BANERJI HON’BLE MS. JUSTICE LAPITA BANERJI HON’BLE MS. JUSTICE LAPITA BANERJI Present : Mr. Mr. Ankit Kaushal, Advocate, for the petitioner. for the petitioner. Mr. A.S.Pannu, AAG, Punjab. Mr. *** ANUPINDER SINGH GREWAL, J. (Oral) ANUPINDER SINGH GREWAL, J. (Oral The petitioner-Bank is seeking direction The is seeking directions to respondent No.2 to 5 to implement implement the order dated 30.11.2023 (Annexure P (Annexure P-3) passed by the under Section 14 of the Securitization and Reconstruction respondent No.3 under Section 14 of the Securitization and Reconstruction respondent No.3 of Security Interest Act, 2002 for of Financial Assets and Enforcement of Security Interest Act, 2002 for of Financial Assets and Enforcement handing over the physical possession of the secured asset to the petitioner- handing over the physical possession of the secured asset to the petitioner handing over the physical possession of the secured asset to the petitioner Bank.
#3. Issue notice to respondents No.2 to 5 Issue notice to respondents No. 2 to 5 at this stage. At the asking of the Court, Mr. A.S.Pannu, AAG, Punjab, At the asking of the Court, Mr. At the asking of the Court, Mr. accepts notice on behalf of respondents No.2 to 5 accepts notice on behalf of 2 to 5.
#5. Heard. Heard. In view of the limited prayer of the petitioner, this petition is In view of the limited prayer of the petitioner, this petition is In view of the limited prayer of the petitioner, this petition is disposed of with a direction to respondents No 2 disposed of with a direction to respondent No 2 to 5 to provide adequate police help to the petitioner to enable it to take possession of the property police help to the petitioner to enable it to take possession of the property police help to the petitioner to enable it to take possession of the property VANDANA 2024.12.19 16:24 I attest to the accuracy and integrity of this document 2024 (O&M) CWP-34651-2024 (O&M) in accordance with law expeditiously preferably within a period of in accordance with law expeditiously preferably within a period of in accordance with law expeditiously preferably within a period of two months from the date of receipt of certified copy of this order. two months from the date of receipt of certified copy of this order. two months from the date of receipt of certified copy of this order. (ANUPINDER SINGH GREWAL) (ANUPINDER SINGH GREWAL) JUDGE JUDGE December 19 vandana 9, 2024 (LAPITA BANERJI) (LAPITA BANERJI) JUDGE JUDGE Whether speaking/reasoned : Whether speaking/reasoned : Whether reportable : Whether reportable : Yes/No Yes/No VANDANA 2024.12.19 16:24 I attest to the accuracy and integrity of this document
Questions this judgment answers
Which statutory provisions did this judgment involve?
Financial Assets and Enforcement of Security Interest Act, 2002.
Which court decided this case, and when?
Punjab & Haryana High Court, on 19 Dec 2024. The bench was ANUPINDER SINGH GREWAL, LAPITA BANERJI.
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