Authority: High Court of Orissa at Cuttack

Order Date: 07-10-2026

Case Overview

  • Petitioner: Rajendra Kumar Meher filed writ petition WP(C) No.32335 of 2026 against the Branch Manager, Canara Bank, Sambalpur and another party.
  • The petitioner sought rephrasing of a loan amount, claiming his representation was pending with the bank.
  • The bank, represented by counsel Mr. B.N. Udgata, contended that the petitioner had already sold the stocks and machineries hypothecated in favour of the bank.
  • The petition was heard by a bench comprising Hon’ble Mr. Justice B. P. Routray and Hon’ble Ms. Justice Savitri Ratho.

Final Outcome

  • The writ petition was disposed of at the admission stage.
  • The court directed the Authorized Officer of Canara Bank, Mangalabag, Kataka (O.P. No.2) to consider the petitioner’s grievance as per Annexure‑2, in accordance with law, within two weeks of receipt of a certified copy of this order and the writ petition.
  • Until the bank’s decision, the petitioner’s possession of the secured asset shall not be disturbed.
  • An urgent certified copy of the order is to be issued on proper application.

Topics: Banking, Legal Dispute