I.A. No. 3493/2016 in WPC 2024/2016

I.A. No. 3494/2016 in WPC 2025/2016

Heard counsel for the parties.

2. Original prayer in both the writ petitions relating to challenge to the e-auction notice dated 05.03.2016 published in the daily newspaper Times of India and Prabhat Khabar by the respondent Bank in respect of the landed properties of the petitioners taken as collateral security by the Bank for sanction of certain loans to Shivam Educational Society, have been rendered infructuous as the said notices were withdrawn during pendency of the writ application as also informed by the learned counsel for the respondent Bank on 21.04.2016. However, Interlocutory applications have been filed being I.A. No. 3493/2016 and 3494/2016 in both the writ petitions seeking to challenge the e-auction sale notice dated 03.06.2016 published in the Daily Newspaper Times of India and Prabhat Khabar for the sale of same mortgaged assets of the petitioners taken as collateral security by the respondent Bank.

3. The relevant facts taken note of from the submissions of the counsel for the parties are as follows:

The borrower Shivam Educational Society was granted a term loan of Rs. 600 lakhs for establ