Authority: High Court of Judicature at Patna
Order Date: 02-07-2026
Case Overview
- Petitioners: M/s Laxmi Kuber Trading (proprietorship) represented by proprietor Mr. Dinesh Sah (Aadhaar No. 5974 8312 9628) and guarantor Mrs. Anju Devi (Aadhaar No. 3389 3560 3835), residing in Araria, Bihar.
- Respondents: The State of Bihar (Chief Secretary), District Magistrate Araria, Sub‑Divisional Magistrate Araria, Officer‑In‑Charge Raniganj Police Station, HDFC Bank Limited (through its Managing Director & CEO and authorized officers of its Forbesganj and Patna branches), HDFC Ergo General Insurance Company Limited (authorized officer, Patna), and Punjab National Bank, Araria Branch.
- The petition sought relief against SARFAESI proceedings initiated by HDFC Bank, including notional possession of the petitioners’ property.
- Counsel for HDFC Bank informed the Court that the bank intended to withdraw the SARFAESI proceedings and the related notional possession.
Final Outcome
- The Court, noting that the petitioners’ grievance has been redressed, disposed of the writ petition.
- The petitioners were granted liberty to file an appropriate application before a suitable forum for any further grievance.
Topics: Banking Regulation, Court Order