JUDGMENT :

1. Though the matter is listed under ‘Orders’ category but with the joint consent of the counsels for both the parties, the matter is being finally heard and decided today itself.

2. The instant writ petition is preferred under Article 226 of the Constitution of India, claiming following reliefs:

“It is, therefore, most humbly and respectfully prayed that the writ petition may kindly be allowed and by issuing an appropriate writ, order or direction

i. The impugned sale declaration dated 10.3.2021 (Annex.8) and impugned order dated 10.3.2021 (Annex.3) may kindly be quashed and set aside;

ii. The entire proceedings initiated against the humble petitioner may kindly be ordered to be dropped;

iii. The respondents may kindly be directed to grant time to the humble petitioner to deposit the debt amount as per the provisions of the Act of 1974 and the auction proceedings which have been undertaken by the respondents may kindly be ordered to be quashed and set aside;

iv. Any other order or direction, which this Hon'ble Court deems fit and proper in the facts and circumstances of the present case may kindly be passed in the favour of humble petitioner.”

3. The brief facts which gave eme