Tata Capital Housing Finance Writ Petition Withdrawn

Authority: High Court of Odisha at Cuttack

Order Date: 06 August 2026

Case Overview

• Petitioner: Sachidananda Mishra filed W.P. (C) No.8904 of 2026 seeking a stay on proceedings under Annexure‑1 and direction for Tata Capital Housing Finance Ltd. to settle the loan account in accordance with law.
• Opposite parties: Tata Capital Housing Finance Ltd., Mumbai and another, represented by Advocate Mr. Ramachandra Panigrahy.
• The petitioner alleged that a notice under Annexure‑1 threatened loan recall and initiation of SARFAESI Act proceedings despite regular repayment of the loan.
• The opposite party contended the notice was merely a reminder of instalment default, not issued under the SARFAESI Act, and that the petitioner had no cause of action to pursue the writ.
• Counsel for the petitioner later moved to withdraw the writ, stating any remedy could be sought later if required.

Final Outcome

• The writ petition was disposed of as withdrawn by the Court on 06.08.2026.

Topics: Legal, Housing Finance