MINNI DEVI Vs. CHAIRMAN, BANK OF BARODA

JUDGEMENT

(1.) In this I.A., the petitioner has prayed for stay of the notice of auction dated 11.2.2008 published in the daily newspaper 'Prabhat Khabar'.

(2.) IT has been stated that the respondent, in exercise of power under Section 13(4) of S.R.F.A., E.S.I.F. Act, 2000, has directed the assets of the petitioner and another co -sharer to be sold by auction as the landed property was mortgaged for taking the loan. It has been stated that the next date i.e. 2.8.2007 was fixed to deposit amount by the petitioner, but she could not arrange the same in time, as directed by this Court. Earlier, it has been stated that the petitioner alone is not the owner of the property and there are other co -sharers also.

(3.) I have heard learned Counsel for the parties and considered the facts and materials, appearing on record.