Authority: High Court of Odisha at Cuttack
Order Date: 16-10-2026
Case Overview
- Petitioner: Basudev Pani, represented by Advocate S.K. Nayak.
- Opposite Party: The Kendrapara Urban Co-operative Bank Ltd.
- Nature of proceeding: Writ Petition (Civil) No. 34407 of 2026 seeking relief against the bank; petitioner sought to withdraw the petition to approach the Debt Recovery Tribunal (DRT).
- The petition was heard before a bench comprising Justice B. P. Routray and Justice Savitri Ratho.
- The petitioner requested withdrawal of the writ petition to pursue the matter before the DRT.
Final Outcome
- The Court disposed of the writ petition, permitting the petitioner to approach the Debt Recovery Tribunal.
- The Court ordered that the status quo regarding possession of the secured asset be maintained by both parties for a period of 30 days from the date of the order.
- The Court directed that an urgent certified copy of this order be issued upon proper application.
Topics: Legal Proceedings, Debt Recovery