Nand Kishor Prasad Vs. Bank of Baroda Through Its Branch Manager and ors

Nand Kishor Prasad vs Bank of Baroda Through Its Branch Manager and ors

Type Court Judgment Court Jharkhand Decided Jun 19, 2013

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https://sooperkanoon.com/case/972769

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Citation: sooperkanoon.com/972769
Court: Jharkhand High Court
Decided On: Jun 19, 2013
Subject: Education

Case Summary

AI-generated summary - not the official court judgment text.

Education

Key legal issue: Education

Parties & Advocates

Appellant / Petitioner

Nand Kishor Prasad

Respondent

Bank of Baroda Through Its Branch Manager and ors

Excerpt

therefore,norelief, asprayedfor,canbegrantedinthiswrit petition,whichis,accordingly,dismissed. (apareshkumarsingh,j.) pandey inthehighcourtofjharkhandatranchi wp(c)no.505of2013 nandkishorprasad ... petitioner versus bankofbarodaandors. ... ... respondents coram: honblemr.justiceapareshkumarsingh forthepetitioner :mr.a.k.sahani fortherespondents :mr.xx 219.6.2013 thiswritpetitionisdirectedagainstthenoticedated2.11.2012 issuedbytherespondentno.2inexerciseofpowerundersection13(2) of the securitisation and reconstruction of financial assets and enforcementofsecuritiesact,2002(inshortsarfaesiact,2002). duringcourseofargument,itappearsthatthiswritpetitionwas preferredbythepetitionerastheappellateforumunderthe sarfaesi acti.e.thedebtrecoverytribunal,ranchi, wasnotavailableasthe postofpresidingofficerwasvacant.however,learnedcounselforthe petitionernowinformsthatthetribunalisfullyfunctionalwithregular incumbentonthepostofpresidingofficer.however,hesubmitsthat onaccountofpendencyoftheinstantwritpetitionbeforethiscourt, theappealundersection17ofthesarfaesiactbeforetheappellate forum, maybebarredbysomedelay.therefore,hesubmitsthatthe tribunalmaybedirectedtocondonethedelayinfilingtheappeal. heardlearnedcounselforthepetitioner. it appears that there is an alternative efficacious remedy available under the sarfaesi act,2002 before the appellate forum undersection17ofthesaidactbyanaggrievedperson,againstsuch actionbytherespondentbank. inthatviewofthematter,thiswritpetitionisbeingdisposedof with liberty to the petitioner to approach the appellate forum for redressalofhisgrievances.however,ifthepetitionerapproachesthe saidforumwithinthreeweeks,theappellateforumshallconsiderthe questionofdelaysympatheticallyinviewoftheaforesaidfactthatthe

Full Judgment

Therefore,norelief, asprayedfor,canbegrantedinthiswrit petition,whichis,accordingly,dismissed. (ApareshKumarSingh,J.) Pandey INTHEHIGHCOURTOFJHARKHANDATRANCHI WP(C)No.505of2013 NandKishorPrasad ... Petitioner Versus BankofBarodaandors. ... ... Respondents CORAM: HONBLEMR.JUSTICEAPARESHKUMARSINGH ForthePetitioner :Mr.A.K.Sahani FortheRespondents :Mr.xx 219.6.2013 Thiswritpetitionisdirectedagainstthenoticedated2.11.2012 issuedbytherespondentno.2inexerciseofpowerunderSection13(2) of the Securitisation and Reconstruction of Financial Assets and EnforcementofSecuritiesAct,2002(inshortSARFAESIAct,2002). Duringcourseofargument,itappearsthatthiswritpetitionwas preferredbythepetitionerastheappellateforumunderthe SARFAESI Acti.e.theDebtRecoveryTribunal,Ranchi, wasnotavailableasthe postofPresidingOfficerwasvacant.However,learnedcounselforthe petitionernowinformsthattheTribunalisfullyfunctionalwithregular incumbentonthepostofPresidingOfficer.However,hesubmitsthat onaccountofpendencyoftheinstantwritpetitionbeforethisCourt, theappealunderSection17oftheSARFAESIActbeforetheappellate forum, maybebarredbysomedelay.Therefore,hesubmitsthatthe Tribunalmaybedirectedtocondonethedelayinfilingtheappeal. Heardlearnedcounselforthepetitioner. It appears that there is an alternative efficacious remedy available under the SARFAESI Act,2002 before the appellate forum underSection17ofthesaidActbyanaggrievedperson,againstsuch actionbytherespondentBank. Inthatviewofthematter,thiswritpetitionisbeingdisposedof with liberty to the petitioner to approach the appellate forum for redressalofhisgrievances.However,ifthepetitionerapproachesthe saidforumwithinthreeweeks,theappellateforumshallconsiderthe questionofdelaysympatheticallyinviewoftheaforesaidfactthatthe

Same Court & Year Jharkhand · 2013 Same Parties Nand Kishor Prasad vs Bank of Baroda Through Its Branch Manag... Same Subject Education