Gaurav Garg Withdraws Petition vs IARC

Authority: High Court of Punjab & Haryana at Chandigarh

Order Date: 08 July 2026

Case Overview

• Petitioners: Gaurav Garg and another (unnamed) filed civil writ petition CWP‑20286‑2026 against International Asset Reconstruction Company Private Ltd and another (respondent).
• The petition sought relief against the respondent; counsel later prayed for withdrawal, seeking liberty to approach the Debt Recovery Tribunal (DRT), the bank, or any other appropriate forum for further remedy.
• The matter was heard by a bench comprising Hon’ble Mr. Justice Jasgurpreet Singh Puri and Hon’ble Mr. Justice Sanjiv Berry, with petitioners’ advocates Ms. Ridhi Bansal and Ms. Sidhi Bansal appearing.

Final Outcome

• The Court dismissed the petition as withdrawn, granting the petitioners liberty to approach the DRT, the bank, or any other appropriate forum for further relief.

Topics: Legal Withdrawal, Debt Recovery