(1.) Instructions provided by Sri Prakhar Shukla, learned Advocate, holding brief of Sri Ramesh Kumar Shukla, learned counsel for the respondent-Bank, be kept on record.
(2.) Heard Sri Brijesh Kumar Kesharwani, learned counsel for the petitioners, Sri Prakhar Shukla, holding brief of Sri Ramesh Kumar Shukla, learned counsel for the respondent-Bank and learned Standing Counsel for the State-respondents.
(3.) The facts as pleaded in the writ petition indicate that House No.24, Awas Vikas Colony Betiyahata, Gorakhpur, owned by Ujjwal Banka and Tushar Banka, was mortgaged against a loan amount of Rs.1.00 Crore plus Rs.20.00 Lakhs over draft.