Axis Bank Petition Disposed Post SARFAESI Order

Authority: District Court, Samar

Order Date: 01 August 2026

Petitioners: Axis Bank Limited & Anr.
Respondents: State of West Bengal & Ors.
Advocates for petitioners: Mr. Sayak Ranjan Ganguly, Ms. Srijani Ghosh, Ms. Simrin Hussain.
Petitioners submitted a certified copy of an order dated 24 June 2026 issued by the District Magistrate, North 24 Parganas, Barasat, invoking Section 14 of the SARFAESI Act, 2002, stating that the grievance had been redressed.
The Court examined the submission and concluded that no further relief remained to be granted.

The writ petition (WPA 9701 of 2026) was disposed of with no further orders.
No costs were awarded to either party.
The Court directed that an urgent certified photostat copy of the order may be supplied to the parties upon compliance with requisite formalities.

Topics: Banking Regulation, SARFAESI Act, Court Order