Odisha HC Permits Withdrawal, Keeps Asset Status‑Quo

Authority: High Court of Odisha at Cuttack

Order Date: 05.11.2026

Case Overview

• Petitioner: Narahari Sahu; Opponent: Authorized Officer, UCO Bank, Bhubaneswar.
• Petition was a writ petition (W.P.(C) No.36452 of 2026) challenging possession of a secured asset.
• Counsel for petitioner, Mr. D.K. Mohapatra, sought permission to withdraw the writ and approach the Debt Recovery Tribunal (DRT).
• The Court, comprising Justice B.P. Routray and Justice Savitri Ratho, heard the submission.

Final Outcome

• The writ petition is disposed of, allowing the petitioner to withdraw and file proceedings before the DRT as per law.
• The parties must maintain the status‑quo regarding the petitioner’s possession of the secured asset for 30 days from the order date.

Topics: Legal Proceedings, Banking