Authority: High Court of Odisha at Cuttack
Order Date: 28 October 2026
Case Overview
- Petitioner: M/s. Globetech International, Sundargarh, represented by Advocate Mr. U.C. Mohanty.
- Opposite Parties: Odisha Gramya Bank, Bolangir and others, represented by Advocate Mr. T.K. Dash (AGA for parties 3 and 4).
- The petition challenges the bank’s issuance of a notice under Section 13(2) of the SARFAESI Act and its attempt to dispossess the petitioner of the disputed property, relying on a District Magistrate order dated 11 July 2018 under Section 14 of the SARFAESI Act.
- The petitioner has a pending application under Section 17 of the SARFAESI Act in S.A. Dairy No.10 of 2024 before the Debt Recovery Tribunal (DRT), Kataka Bench, with the hearing posted to 16 December 2026.
Final Outcome
- The writ petition is disposed, permitting the petitioner to continue pursuing the grievance before the DRT in the pending S.A. Dairy No.10 of 2024.
- The status‑quo regarding possession of the disputed property shall be maintained by all parties until 16 December 2026.
- An urgent certified copy of this order may be obtained upon proper application.
Topics: Court Order, SARFAESI Enforcement, Possession Stay