LAWS(RAJ)-2012-5-169

RAMESH BHARDWAJ Vs. STATE OF RAJASTHAN

Decided On May 15, 2012
RAMESH BHARDWAJ Appellant
V/S
STATE OF RAJASTHAN Respondents

JUDGEMENT

(1.) THE matter comes up on an application No.21176/12 under Article 226(3) of the Constitution of India for vacation of ex-parte interim order dated 14.11.2011 passed by this Court directing that the respondents including the applicant, ARCIL � an Assets Reconstruction Company under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Act, 2002, be restrained from taking possession of house No.114/92, Pratap Nagar, Sanganer, Jaipur mortgaged against loan account No.LBJAI-00001295343 till further orders.

(2.) HOWEVER, with the consent of the counsel for the parties, this writ petition is being disposed of.

(3.) FOR the aforesaid reasons, I find no force in the writ petition and the same is dismissed on the ground of availability of alternate remedy. Stay application is also dismissed.