SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
judgment-img

2021 Supreme(P&H) 1523

JASWANT SINGH, VIKAS BAHL
Love Garg – Appellant
Versus
State Of Punjab – Respondent


Advocates Appeared:
Mr. Aalok Jagga, Advocate, for the Appellant/Auction Purchasers; Mr. Vikas Mohan Gupta, Addl. A.G. Punjab, Mr. R.S. Bains, Sr. Advocate with Ms. Arushi Garg, Advocate, Mr. Umang Khosla, Advocate, Mr. Saurabh Gulia, Advocate, for the Respondent.

JUDGMENT

Vikas Bahl, J. - The primary prayer in the present writ petition is for the issuance of a writ in the nature of certiorari for quashing of order dated 16.05.2019 (Annexure P-3) passed by the Estate Officer, Punjab Small Industries & Export Corporation Limited-respondent No. 3, vide which respondent No. 3 had requested the Branch Manager, Bank of Baroda-respondent No. 4 as well as the petitioners to submit 'No Objection Certificate' from the Court of Judicial Magistrate, 1st Class, Chandigarh regarding the attachment of plot No. C-149, Phase-V, Focal Point, Ludhiana in the matter of M/s Bhushan Power and Steel Limited v. M/s Vidya Cycle Industries.

2. Further prayer in the writ petition has been made for issuance of directions to the Punjab Small Industries and Export Corporation Limited (respondent No.2) and the Estate Officer, Punjab Small Industries and Export Corporation Limited (respondent No. 3) to transfer the secured asset/plot No. C-149, Phase-V, Focal Point, Ludhiana, in favour of the petitioners/auction purchasers in pursuance of the auction having taken place under the The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest A

Click Here to Read the rest of this document
1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top