MOHAMMAD ASIF BABA CHOWDHARY FURKAN ANIS, AQIB MEHRAJ BANDAY vs ELLAQUAI DEHATI BANK AND ANOTHER — WP(C)/997/2026

Case under Article 226-Section103 Section 226. Disposed: Contested--Dismised on 05th May 2026.

CNR: JKHC010020292026

CASE DISPOSED

Filing Number

WP(C)/1552/2026

Filing Date

04-05-2026

Registration No

WP(C)/997/2026

Registration Date

04-05-2026

Judge

HON'BLE THE ACTING CHIEF JUSTICE , HON'BLE MR. JUSTICE SANJAY PARIHAR

Coram

HON'BLE THE ACTING CHIEF JUSTICE , HON'BLE MR. JUSTICE SANJAY PARIHAR

Bench Type

DIVISION BENCH

Category

DB OWP ( 215 )

Sub-Category

SARFAESI ACT CASES ( 16 )

Judicial Branch

OTHER WRIT PETITION (OWP)

Decision Date

05th May 2026

Nature of Disposal

Contested--Dismised

Acts & Sections

Article 226-Section103 Section 226
The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act

Petitioner(s)

MOHAMMAD ASIF BABA CHOWDHARY FURKAN ANIS, AQIB MEHRAJ BANDAY

Respondent(s)

ELLAQUAI DEHATI BANK AND ANOTHER

Hearing History

Judge: HON'BLE THE ACTING CHIEF JUSTICE , HON'BLE MR. JUSTICE SANJAY PARIHAR

05-05-2026

FOR ADMISSION FRESH

Orders

05-05-2026
HON'BLE THE ACTING CHIEF JUSTICE,HON'BLE MR. JUSTICE SANJAY PARIHAR

Case Summary: WP(C) 997/2026 The High Court of Jammu & Kashmir dismissed the petitioner's request to release mortgaged property documents, holding that release cannot be granted until all outstanding liabilities are cleared and a "No Outstanding Certificate" is issued by the bank. The court upheld the bank's position that while one of three loan accounts was adjusted, two accounts remain as Non-Performing Assets (NPAs), and releasing documents prematurely would prejudice the bank's recovery rights. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Case Summary: WP(C) 997/2026 The High Court of Jammu & Kashmir dismissed the petitioner's request to release mortgaged property documents, holding that release cannot be granted until all outstanding liabilities are cleared and a "No Outstanding Certificate" is issued by the bank. The court upheld the bank's position that while one of three loan accounts was adjusted, two accounts remain as Non-Performing Assets (NPAs), and releasing documents prematurely would prejudice the bank's recovery rights. This case analysis is maintained by casestatus.in based on publicly available court records.

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