SARITA AGARWALLA – Appellant
Versus
BM, UNION BANK OF INDIA, KARANJIA BRANCH – Respondent
IN THE HIGH COURT OF ORISSA AT CUTTACK
W.P.(C) No.25107 of 2021
Sarita Agarwalla
&.
Petitioner
Mr. S.D. Das, Senior Advocate with
Mr. H. Mohanty, Advocate
-versus-
Branch Manager, Union
Bank of India, (E-
Corporation Bank),
Karanjia Branch, District-
Mayurbhanj and Others
&.
Opp. Parties
Mr. Sitanshu Kumar Dey,
Advocate for the Bank
CORAM:
JUSTICE JASWANT SINGH
JUSTICE M.S. RAMAN
Order No.
ORDER (ORAL)
21.04.2022
02.
1. This matter is taken up by virtual/physical mode.
2. Petitioner is the widow of defaulting borrower-Anil
Kumar Agarwalla, who had defaulted in servicing the
cash credit account for a sum of ¹90 lakhs availed in
the year 2015/16 from the erstwhile Corporation Bank
(now
Union
Bank
of
India),
Karanjia
Branch,
Mayurbhanj. The loan account was classified as NPA
on 31.07.2020 after the said Anil Kumar Agarwalla had
died on 01.07.2019 leaving behind his legal heirs
including the Petitioner-wife. The recovery proceedings
under the SARFAESI Act, 2002 (in short <the Act,
2002=) were
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