Authority: High Court of Odisha, Cuttack
Order Date: 06 August 2026
Case Overview
- Petitioners: K. Sudhakar and another, represented by Advocate K. Sudhakar Pattnaik, filed W.P. (C) No.6914 of 2026 seeking quash of a Vacation Letter dated 01‑01‑2026 and SARFAESI Act notices dated 17‑06‑2025 (Demand Notice under Sec. 13(2)) and 09‑09‑2025 (Possession Notice under Sec. 13(4)), together with all other actions taken under the SARFAESI Act and the Security Interest and Enforcement Rules.
- Opposite parties: Authorized Officer, DCB Bank Regional Office, Bhubaneswar and others, represented by Advocate Ramachandra Panigrahy.
- The matter was taken up in hybrid mode and the bank’s vakalatnama was recorded on the court record.
- Subsequently, the petitioners filed a memo stating that the loan account had been fully settled and that they no longer wished to pursue the writ, requesting its withdrawal.
- Counsel for DCB Bank acknowledged the petitioners’ submission and agreed to the withdrawal.
Final Outcome
- By Order No. 06.08.2026, the Court accepted the withdrawal, held the writ petition infructuous, and disposed of the matter as withdrawn.
Topics: SARFAESI Act, Banking Litigation, Court Order