LAWS(ALL)-2011-5-213

SANJAY KUMAR YADAV Vs. STATE

Decided On May 19, 2011
SANJAY KUMAR YADAV Appellant
V/S
STATE Respondents

JUDGEMENT

(1.) As per the averments made in the writ petition, the petitioner took housing loan from the respondent No. 3-State Bank of Patiala. The property in question was given as security for the said housing loan.

(2.) The petitioner committed default in payment of the said loan. Consequently, proceedings under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (in short "the Securitization Act") have been initiated against the petitioner.

(3.) The petitioner, has filed the present writ petition, inter alia, praying for quashing the said order dated 19.4.2011.