Authority: High Court of Odisha at Cuttack
Order Date: 21 August 2026
Case Overview
- The matter (W.P.(C) No.26783 of 2026, ODHC010643942026) was taken up in hybrid mode before a bench comprising Hon'ble Mr. Justice K.R. Mohapatra and Hon'ble Mr. Justice Mruganka Sekhar Sahoo.
- Petitioner: Nibedita Bhattacharya, represented by Advocate Ajay Kumar Moharana, filed a writ petition challenging an e‑auction dated 15 July 2026 issued by the Bank of Maharashtra, Jagatsinghpur Branch.
- Opposite Parties: The Branch Manager, Bank of Maharashtra, Jagatsinghpur and another, represented by Advocate R.N. Rout.
- The petitioner alleged that the e‑auction had already been conducted on 20 August 2026 and that the result had not been finalized, seeking judicial intervention.
- The bank contended that the e‑auction held on 20 August 2026 was successful, thereby rendering the petition unnecessary.
- The bench observed that the auction outcome was already determined by the bank and that the petitioner’s grievance could be addressed through the statutory remedy under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
Final Outcome
- The Court was not inclined to entertain the writ petition.
- The petitioner was advised to approach the Debt Recovery Tribunal under the SARFAESI Act for any further relief.
- Consequently, the writ petition was disposed of.
Topics: Banking, Legal Dispute