CALCUTTA HIGH COURT
JAYDEV CHAWLA – Appellant
Versus
THE CENTRAL BANK OF INDIA AND ORS. – Respondent
07 09.01. WPA 18021 of 2024
2026
Joydev Chawla
Ct. No. 24 Vs.
Ab Central Bank of India and others.
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Mr. Kishore Mukherjee,
Mr. Ahitagni Dey.
… for the petitioner.
Mr. Bishwambhar Jha,
Mr. Harshwardhan Kumar Jha,
Ms. Munmun Mishra
… for the Bank.
1. The petitioner’s grievance that having participated
in an auction sale conducted by the respondent no. 1, the petitioner had a legitimate expectation that possession of the property, which was sold to him would be handed over within a reasonable time. The petitioner made the entire payment of Rs.
20.12 lakh on February 4, 2021.
2. The petitioner has been running from pillar to post
to get possession of the property as the successful
purchaser.
3. No steps were taken by the Bank to facilitate
handing over the possession and ultimately after filing of the writ petition in July 2024, the Bank
refunded the entire amount on March 26, 2025.
4. Since the Bank was unable to handover the
possession of the property and retains the entire amount paid by the petitioner for a period slightly in excess of four years, it is only reasonable that
the Bank be directed to pay some interest on the afore-stated sum of Rs. 20.12 lakh for the period between February 4
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