HEMANT M. PRACHCHHAK
Varshaben Pareshkumar Patel – Appellant
Versus
Authorized Officer, Union Bank Of India – Respondent
JUDGMENT :
1. RULE. Mr. A.S. Panesar, learned Counsel waives service of notice of rule on behalf of the respondent-Bank. With consent of the learned advocates appearing for the respective parties, present petitions are taken up for final disposal today. Since common issue is involved in all these petitions, they are being decided of by this common judgment.
2. Leave to correct the flat number in prayer clause in Special Civil Application No.20368 of 2023 and Special Civil Application No.20376 of 2023. Amendment to be carried out forthwith.
3. By way of present petitions under Articles 14, 19 and 226 of the Constitution of India, under the provisions of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 ("SARFAESI" for short") and under the Security Interest (Enforcement) Rules, 2002, the petitioners have challenged inaction on the part of the respondent authority.
4. It is required to be noted herein that all the petitioners have prayed for similar relief in all the petitions, except Flat Numbers and therefore, Special Civil Application No.20368 of 2023 is treated as the lead petition wherein it is prayed, inter alia that:-
Agarwal Tracom Private Limited vs. Punjab National Bank and Others
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