ICICI Bank Clears SARFAESI Auction Petition

Authority: High Court of Jharkhand at Ranchi

Order Date: 01 October 2026

Case Overview

• Petitioners: Abhishek Kumar Singh (son of Pushpendra Kumar Singh) and Dipti Singh (wife of Abhishek Kumar Singh), residing at 55 Birsa Nagar, Hatia Station Road, Birsa Chowk, P.O.-Hatia, P.S.-Jagarnathpur, District Ranchi.
• Respondent: Chief Manager‑cum‑Authorized Officer, ICICI Bank Limited, Lalpur, Ranchi.
• Writ Petition (C) No. 2599 of 2026 filed to quash an e‑auction sale notice dated 25 March 2026, alleging non‑compliance with mandatory provisions of the SARFAESI Act and its Rules.
• Counsel for petitioners: Mr. Alok Kumar Verma and Mr. Nurup Singh; counsel for respondent: Mr. Bharat Kumar.
• During pendency, petitioners’ counsel submitted that the grievance had already been redressed by the bank.

Final Outcome

• Justice Rajesh Shankar disposed of the writ petition, stating no further proceedings are required.
• The petition is dismissed; any interlocutory applications, if filed, are also disposed of and will not survive.

Topics: Banking Regulation, SARFAESI Act