1. The instant Civil Writ Petition under Article 226/227 of the
Constitution of India seeking issuance of a writ in the nature of Certiorari for
quashing the impugned order dated 03.06.2026 (Annexure P-1) whereby the
Debt Recovery Tribunal -I Chandigarh had disposed of the Securitisation
Application No.246 of 2025 titled as “Geeta Gupta & Ors. Vs. Punjab & Sind
Bank”, along with Demand Notice dated 17.05.2025 (Annexure P-5), Possession
Notice dated 02.08.2025 (Annexure P-8), Possession Order dated 10.11.2025
(Annexure P-14) issued by the learned District Magistrate, Jalandhar, Sale/
Auction notice dated 25.06.2026 (Annexure P-2) proposing auction of subject
properties on 30.07.2026 and all subsequent and consequential proceedings
arising therefrom by the respondent-Bank under the Securitisation and
CWP-20979-2026 (O&M) – 2-
Reconstruction of Financial Assets and Enforcement of Security Interest Act,
2002 (hereinafter referred to as ‘the SARFAESI Act’) and with a further prayer
for directing the respondents to refrain from taking any coercive action against
the petitioners during the pendency of the present petition.
