Authority: High Court of Orissa at Cuttack
Order Date: 05 October 2026
Case Overview
- Petitioners: M/s. Al Baba Steels Pvt Ltd., Kendrapara and an associate; represented by Advocate R.K. Rout.
- Opposite parties: Canara Bank, Bhubaneswar and other respondents.
- The matter was filed as W.P.(C) No.12391 of 2026, CNR No. ODHC010300402026, seeking relief concerning possession of a secured asset.
- Petitioners requested permission to withdraw the writ petition and instead approach the Debt Recovery Tribunal (DRT).
- The Court, comprising Justice B.P. Routray and Justice Savitri Ratho, considered the request.
Final Outcome
- The writ petition is disposed of, granting the petitioners permission to withdraw and to approach the DRT.
- The parties must maintain the status‑quo regarding possession of the secured asset for a period of 30 days from the date of this order.
- An urgent certified copy of the order shall be issued on proper application.
Topics: Legal Withdrawal, Debt Recovery