RIGH CGURT G? CHHA?T§$GARH {RT B!LAS?L§§ D§Vi§ICN $§NCH EGRxé‘iM' HéN’BLE 3HR§ Hi“ aAT's'U, 3i & H§WBLE $HE! V.K‘ SHRI\m$TA\/A, J. $ivi! Writ Pét'iiiqn No. 2564 cf 2G$2 2. HP. Khatawat 0') ?ETITIGNER§ 1. M/s. BWL Limiteé, {ndus‘iréa§ Area, RB. No. 14, Bhiiai — 49D 926, Ehhaii'isgas'h x $fo Late Kishan!a! Khetewat Biack No.18, Mama! Nehru Nagar, Bhi!ai, Chhattisgarh 3. Sandeep Kheiawai Piot No.9 & 10, B!ock-’i$ Mama! Nehru Nagar, Bhiiai ‘ C§1hait§sgarh 4. $iim'i Khe‘tawat Pmi Nag & 1 9, Bbck 48 Motilai Nehru Nagar, Bhilai Chhaitisgam 5. M/s Bhiiai Finance Pvt. Ltd. Raem No. 408, 4m Hoe; 1, Rowder: Street, Kalkata (W.B.) 700 017 §Ws Shilai Ho!din s Pvt. Léd. atom No. ‘108, 4 Fioor 1, Rawden Street Kaikaia (WE) 706 0% 7 ¥ER§U$ §E$P€NEENT§ Um’on of éndéa A.. Ministrv of Law smsm Bhawarz RF. Réafx New Beihi Asstt. Genefa! Manager Staie Bank of lndia Commea'ciai Branch Bhiiai (CG) 49000? Pi'esgat: Shi'i NK, Was, counsel §or the petiiione§5. Shri Bhishma Kinger learned counsel for the respondem/Union of india. h). ORAL §RDER (Passeci on 03’“ Aprii, 2007) The foiiowing oral order of the Court was passed by Hi. Eatttr, CJ. wider: The reiiefs eeught for by the peiiiionere in this writ petitiar: are as 5CC 3'H . (2) The issues raised tn this writ petition are no more debatabte in View of the oecision of the Apex Court in the case of Mardia Chemicals Ltd. and Gthers Vs. Union of india and $thers, reported in (2004) 4 (3) tn View of the taw declared by the Apex Court, the writ petition requireis w be rejected and it is rejected. (4) tn so far as the notice issued by the Bank in exercise of its powers under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security interest {Second} Grdinance 2602, is concerned, the petitioners are at iibeity to fiie objections, if they are not fried, within a month‘s time from today and the Bank shaii consider the same in accordance with iaw and keeping’ in ”{a} issue appropriate wrrt, directien er order striking down the Securitisation and Reconstruction of Financial Assets amt?” Enforcemeni sf Security irrterest [$ecend3 Gre'inarice 2062. {b} issue apprepriate writ directieri er Greer eirikirrg down Sectione §,r3,15.17,19,34,35 and 37 of the eaici‘ Grdinanee. {c1 issue approariate writ, direction or erder (washing the riotices teeued by. the * Resportdent N02 agairiet the Petitioners. Ed] Pass euch other or further ereer(s) as this Hon’bie Court may deem fit in the facts ertd circumstances cf the caee.” y i l tm. view the obaervatiam made by the Apex Cwjtin the cage of f‘krdia V ’7 ‘ \AChemical iii (supra). Orciered accoi'dingiy. ‘ Vijay Kumar g} Shrivastava‘ )1 klwz—f/“5 ‘ 1 \ § Judge 1 Sd/-: \ ‘ 7 k _ €hief JuStice ‘ ‘ v _