PNB Writ Dismissed Under SARFAESI Act

Authority: High Court of Odisha at Cuttack

Order Date: 29-10-2026

Case Overview

• Parties: Petitioner – Padmabati Bag, represented by Advocate S.S. Mund; Opposite Parties – Punjab National Bank, Kalahandi & Ors., represented by Advocate R.C. Ojha.
• Nature of Proceeding: Writ petition (civil) challenging actions of the bank.
• Key Allegations/Issues: The petitioner sought relief through a writ petition; the court examined the nature of the prayer and its compatibility with the SARFAESI Act.
• Court’s Reasoning: The court held that the petition could not be entertained as the relief sought fell within the ambit of the SARFAESI Act, which provides a specific mechanism for recovery and enforcement, rendering the writ petition inappropriate.
• Directions/Orders: The writ petition was dismissed in its entirety.

Final Outcome

• The petition filed by Padmabati Bag is dismissed; no relief is granted against Punjab National Bank and the other respondents.

Topics: Banking Regulation, SARFAESI Act, Court Order