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2025 Supreme(Online)(J&K) 1517

HIGH COURT OF JAMMU AND KASHMIR
VIKAS BHARTI AND ANOTHER – Appellant
Versus
PUNJAB NATIONAL BANK TH MANAGING DIRECTOR NEW DELHI AND OTHERS – Respondent


Judgement Key Points

The date of the auction notice is 30.07.2024 (!) (!) .

The auction notice was published in two newspapers (!) , and the details of these publications are included in the objections filed by the respondent-Bank.


HIGH COURT OF JAMMU & KASHMIR AND LADAKH AT JAMMU Case No. WP(C) No. 2342/2024 WP(C) No. 839/2025 Reserved on: 08.12.2025 Pronounced on:- 16.12.2025 Uploaded on:-16.12.2025 Whether the operative part or full judgment is pronounced Vikas Bharti & Anr.

…..Petitioner(s)

Through: Ms. Mandeep Reen, Advocate Vs Punjab National Bank and ors.

.…. Respondent(s)

Though: Mr. Parveen Kapahi, Advocate c/w M/s Krishna Traders .

…..Petitioner(s)

Through: Mr. P.N Raina, Sr. Advocate with Mr. Sudesh Sharma, Advocate Vs Punjab National Bank & ors .…. Respondent(s)

Through: Mr. Parveen Kapahi, Advocate HON’BLE MRS.JUSTICE SINDHU SHARMA, JUDGE CORAM:

HON’BLE MR. JUSTICE SHAHZAD AZEEM, JUDGE (JUDGMENT)

Shahzad Azeem-J

1. At the outset and in order to keep the record straight, be it noted that WP(C) No. 2342/2024, titled Vikas Bharti and anr.

Vs. Punjab National Bank and ors. is filed by the successful bidder who participated in pursuance of e-auction sale notice dated 30.07.2024, whereas, e-auction was held in respect of secured assets stood mortgaged against the loan amount availed by the petitioner which is subject matter of challenge in WP(C) No. 839/2025 titled M/s Krishna Traders Vs. Punjab National Bank an

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