RAMENDRA JAIN, J.

1. The petitioner had availed four different loans on different dates and under different category from the respondent-bank. On account of non-adherence to the financial discipline of the respondent-bank, all the loan accounts of the petitioner were declared as Non-performing Asset (for short “NPA”). Consequently, the respondent-bank issued notice dated 20.10.2016 (Annexure P-7) under Section 13(2) of the Securitisation and Reconstruction of Financial Asset and Enforcement of Security Interest Act, 2002 (for short “the SARFAESI Act”) asking the petitioner to clear all the loan accounts within 60 days. Thereafter, another notice dated 06.01.2017 (Annexure P-8) under Section 13(4) of the SARFAESI Act was issued and symbolic possession of the mortgaged properties of the petitioner was taken. The petitioner challenged the said action of the respondent-bank initiated under section 13(4) of the SARFAESI Act before the Debts Recovery Tribunal-1, Chandigarh, (in short, “DRT”), by way of filing SA No.29 of 2017. However, the DRT, vide order dated 04.02.2017 (Annexure P-9) did not grant any interim relief to the petitioner. Immediately thereafter, the petitioner mo