J U D G M E N T

The petitioners are husband and wife. The 2^nd respondent is the sister of the 1^st petitioner. The petitioners had pledged certain gold ornaments with the 1^st respondent Bank and availed themselves of certain credit facilities.

2. The petitioners contend that the 1^st respondent Bank issued Ext.P1 notice dated 29.10.2021, proposing to auction the pledged gold ornaments if the liability was not discharged within 15 days from the date of receipt of the notice. The petitioners further state that, upon receipt of Ext.P1, they sought to issue a lawyer's notice, as evidenced by Ext.P2, pointing out that the action proposed by the 1^st respondent Bank was unjustified. 3. In reply, the Bank issued Ext.P3 reply notice, making reference to certain police complaints filed by the 2^nd respondent herein, as well as t