fflGH COURT OF CHHATTI8GARH AT BILA8PUR Writ PetUton f0 No. 5153 of2808 PETmONERS : 1. Jaq)al Singb Tutqa, S/o Shri Ram Sin^ Tuteja, n-0prietor with M/s J.P. Trading Co. 14, Sport Compleis, T.P. Nagar,Korba, Distt. Koifea(CG). 2. Agya Kaur Tuteja, Wd/o Shri Ram Sin^iTuteja, Wo K<Ml)a, Distt. Korba (CG). 3. Jagdit Singb Tuteja, S/o Sfari Ram Singb Tuteja, R/o T.P. Na^r, Korba, Distt. Korba(CG). 4. Vikky Singh S/o Shri Ram Sh^h Tuteja resideiit of Korba Distt. Korba (CG)^ VERSUS RE8PONDENTS : 1. UmonBaakofIadia,RegionalQffice,laFtoorMafaavir Goushala, K. K. Road, Mau<Bi^)ara, Baipur Disatt Raipur(CG). 2. The Authorised officerfor fte Union Bank of India, Regional Qffice, Mateivir Goushala, K. K. Road, Maudhapara, Raipur Distt. Raipur (CG). 3. The Braach Manager, Koiba |Branch, Union Bank of India, TraaspcutNagar.Korba, Distt: Korba (CG). 4. Mr. R.B. Bidwai, Regional €)ffiea-, Uni®nBank of India, Raipur, Distt. Raipur (CG). 5. Mr. FMuq Khan, Qfficer, Regianal Qffice, Union Bank oflndia, Raipur ESstt. iRaipur (CG). (WRTT PETmON UNDER ARTICLE 226 OF THE CONSTmUTION OF INDIA) (SS: Hon'Ue -. Satish K. AenDirtri.J^ Present : ShriJ.R. Veima, Advocate fiw the petitionens. Shri Abhgeet C. Thdcurwith Shri VwunenA-a Mishra; Advoeate for the respondents. ORALORDER (Passed on 15th day ofSeptmiber,2008) 1. Wilfa Ifae eonsent oflfae parties, the matter is tAen up far faeariag finally. 2. By this petition, flie petitioners impuga the noticedrted 11-8-2008 (Annexure-P/1) issued by Ae Union Bank of India wbeaKby it was inftamed to Ifae petitioners that officiak and reiwesentotives ofttie Bank shall take or eause for taking possession of Ihe secured assets wfaerever it may be situated/stored on 17-9-2008 betweea 11.30 a.m. to 4.00 p.m. to flie impugned notice tfawe is a refercace to demand notice dated 27-5-2(K% issued under Section 13 of the Securitisation and Reconstructiori of Financial Assets and Enforeement of Secimty laterest Act, 2002 @&r ^ " -^ ^-°<s, ISK't'S^. ''^^CTi^^ -'i;?^ ^ short 'the Act, 2002'), calling upon the petitioners to discharge a sum of Rs.9,34,000/- witii interest. The petitioaers have failed to discharge Uability even after e}q)iry of60 days notice period. 3. It appears that the petitianers have not impugned the earlier notiee dated 27-5-2008. The enforcement of seeured interest is covered under the provisions ofSections 13 & 17 ofthe Act, 2002. There is a proper safe^iard and meehamsm provided for redressal of grievances. This is not a case where tfais Court should exerdse its extraordinary jurisdiction unda- Article 226 ofthe Constitution oflndia. Thus, withoirt going iuto the merits ofthe case, interference is declined. 4. In view ofthe foregoing, the petition is dismissed, as not maintainable, at Ae admission stage itself. Consecpiently, I.A.NOS. 1 & 2 stand disposed of. 5. However, bacvwg regard to the facts situation of the case, as the date of taking over possession ofthe secured assets is cni 17-9-2008, it may not be possible for the petitioners to approach any apprqmate statutory forum in one day. Thus, it is expedient in the interest ofjustiee that no coercive steps shall be taken against the petitioners for a period of <me week i.e. on or before 22"<i Seotember. 2008. 6. Certifiedcopytoday,asperrul^. ———— Gowri Sd/- Satish K. Agnihotri Judge