Indian Overseas Bank Sale Notice Petition Disposed

Authority: High Court of Odisha at Cuttack

Order Date: 03 September 2026

Case Overview

• Petitioner: Dharmaraj Dhir, represented by Advocate Akshaya Kumar Jena.
• Respondent: Indian Overseas Bank, Bhubaneswar, represented by Advocate Aurovinda Mohanty.
• The writ petition challenged a sale notice issued by the bank on 4 August 2026 (Annexure‑4).
• An auction scheduled under the notice failed; the bank fixed a new auction date of 24 September 2026.
• The court observed that because the auction had already failed, the petition became infructuous, though the petitioner may approach the bank for any grievance.

Final Outcome

• The writ petition is disposed of as infructuous; no further judicial relief is granted.

Topics: Banking, Court Order