Authority: Gauhati High Court (High Court of Assam, Nagaland, Mizoram and Arunachal Pradesh)
Order Date: 14-10-2026
Case Overview
- Petitioners: Smt. Chetna Thakur (wife of Arun Kumar) and Sanjay Kumar (son of Yashpal Kumar), residing in Gurgaon, Haryana.
- Respondent: State Bank of India and others, Stressed Assets Recovery Branch, Jorhat, Assam.
- The petitioners, through Advocate Mr. Manish Shankar Srivastava, sought permission to withdraw two writ petitions and to re‑approach the Debt Recovery Appellate Tribunal, Kolkata, to reduce the pre‑deposit requirement from 35 % to 25 % of the debt value.
- The matter was heard before Chief Justice Ashutosh Kumar and Justice Kaushik Goswami.
Final Outcome
- The Court dismissed the two writ petitions as withdrawn.
- The petitioners were granted liberty to approach the Debt Recovery Appellate Tribunal, Kolkata, for the requested reduction in pre‑deposit.
Topics: Debt Recovery, Banking Litigation