Orissa High Court
WP(C)/21133/2026 of MANGURAJ NAYAK Vs THE AUTHORISED OFFICER, AXIS BANK LIMITED, BHUBANESWAR on 22 July 2026
of 2 IN THE HIGH COURT OF ORISSA AT CUTTACK W.P. (C) NO.21133 OF 2026 Manguraj Nayak …. Petitioner Mr. Rakesh Kumar Sarangi, Advocate -versus- The Authorised Officer, Axis Bank Limited, Bhubaneswar and Another …. Opp. Parties CORAM: HON’BLE MR. JUSTICE K.R. MOHAPATRA
IN THE HIGH COURT OF ORISSA AT CUTTACK
W.P. (C) NO.21133 OF 2026
Manguraj Nayak
….
Petitioner
Mr. Rakesh Kumar Sarangi, Advocate
-versus-
The Authorised Officer, Axis Bank
Limited, Bhubaneswar and Another
….
Opp. Parties
CORAM:
HON’BLE MR. JUSTICE K.R. MOHAPATRA
HON’BLE MR. JUSTICE MRUGANKA SEKHAR SAHOO
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ORDER
Order No. 22.07.2026
01.
1. This matter is taken up through Virtual Mode.
2. Petitioner in this Writ Petition prays for the following relief: “It is therefore humbly prayed that this Hon'ble court be graciously pleased to:
(i) Admit this Writ Petition;
(ii) Issue Notice to the Opp. Parties and call for records;
(iii) Issue appropriate Writ/Writs, Order/Orders, direction/directions, to quash the impugned Possession notice dated 24.06.2026 under Annexure-
6. And/ Or direct OP No.2 to settle the loan amount under One Time Settlement or in Swetable instalments. And/or pass any such other order/orders which shall be just and proper in the interest of justice;”
3. The Petitioner essentially assails the impugned notice issued by the Bank under Section 13 (12) of the Securitisation and Reconstruction of Financial Assets And Enforcement of Security
Interest Act, 2002 read with Rule 3 of the Security Interest (Enforcement) Rules, 2002 under Anneuxre-6.
4. In course of hearing, Mr. Rakesh Kumar Sarangi, learned counsel for the Petitioner prays for withdrawal of the writ petition seeking liberty to move the Debt Recovery Tribunal (DRT), Odisha, Cuttack against the notice under Annexure-6.
5. In view of the above, this Court without expressing any opinion on the merits of the case of the Petitioner, disposes of the writ application as withdrawn with an observation that the Petitioner may, if so advised, move the Debt Recovery Tribunal, Odisha, Cuttack by filing appropriate application.
(K.R. Mohapatra)
Judge
(Mruganka Sekhar Sahoo)
Judge
Jyostna/Madhu Digitally Signed Signed by: JYOSTNARANI MAJHEE Reason: Authentication Location: OHC Date: 23-Jul-2026 12:40:20 Signature Not Verified