M/S Konjengbam Mani Singh v. The Axis Bank Limited and 7 Others 7 Ors

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Item Nos. 11-12 IN THE HIGH COURT OF MANIPUR AT IMPHAL

WP(C) No. 267 of 2026 With MC(WP(C)) No. 291 of 2026

¶1M/S Konjengbam Mani Singh, Proprietor Mr. Konjengbam Mani singh (Now deceased), represented by its Guarantor Konjengbam Roshan Singh, aged about 55 years old, S/o (L). K. Ibobi Singh, resident of Khagempalli Pankha, P.O Imphal P.S. Singjamei, Imphal West District, Manipur – 795001.

…Petitioner/s

Vrs.

¶1The Axis Bank Limited represented by its Chief Manager/Authorized Officer, main office at Thangal Bazar, Imphal, P.O & P.S. Imphal, Imphal West, Manipur 795001.

¶2The Authorised Officer, Axis Bank, having its registered office at "Trishul" 3rd Floor Opp. Samartheswar Temple Near Law Garden, Ellisbridge, Ahmedabad – 38006.

¶3The Authorised Officer, Axis Bank, having its office at AC Market Building 3rd Floor 1 Shakespeare Sarani, Kolkata, West Bengal, India-70071.

¶4The Chief Manager/Authorised Officer, Axis Bank, Loan center, Office at LB Plaza, 1st Floor, Bhangagarh, GS Road, Guwahati-781005 Pin – 781005. Lucy Guru mayu m Digitally signed by Lucy Gurumayum Date: 2026.04.08 +05'30'

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¶5The Collector Manager/Recovery Officer, Axis Bank, Loan center, Office at LB Plaza, 1st Floor, Bhangagarh, GS Road, Guwahati-781005 Pin – 781005.

¶6The Cluster Head/ Circle Head, Axis Bank, main office at Thangal Bazar, Imphal, P.O & P.S. Imphal, Imphal West, Manipur 795001

…Respondent/s

-B E F O R E-HON'BLE MR. JUSTICE AHANTHEM BIMOL SINGH

For the petitioner : Mr. M. Hemchandra, Sr. Advocate For the respondents:

Date of order : 08.04.2026. (O R D E R)

[1]

Mr. M. Hemchandra, learned Sr. counsel assisted by Mr. Juno Rahaman, learned counsel appeared for the petitioner. [2]

After arguing at length, the learned Sr. counsel submitted that he has received instructions to withdraw the present writ petition with the liberty to file a Statutory Appeal as provided under section of the Scrutinization and Reconstruction of Financial Asset and Enforcement of Securities Interest Act, 2002 (SRFAES Act) and the rule made thereunder. [3]

The learned Sr. counsel, however, submitted that as the Appellate Tribunal as mentioned in section 18 of the SRFAES Act is situated at Kolkata and as the petitioner has certain

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difficulty to arrange the financial requirement and logistical support in filing the said statutory appeal, the petitioner will not be in a position to present the said statutory appeal before the Appellate Tribunal within prescribed period of limitation. [4]

The learned Sr. counsel accordingly, made a prayer before this Court to allow the petitioner to file statutory appeal before the Appellate Tribunal within a period of 20(twenty) days from today with an application for condoning the delay, if any, in filing the said appeal and to pass an order restraining the respondents from taking any coercive action against the petitioner till filing of the said statutory appeal within the aforesaid stipulated period of 20(twenty) days. [5]

Taking into consideration the submission made by the learned Sr. counsel appearing for the petitioner, the present writ petition is hereby disposed as being withdrawn with liberty as sought for. [6]

It is made clear that no coercive action should be taken against the present petitioner till filing of the said statutory appeal within aforesaid period of 20(twenty) days from today. [7]

Connected application also stands disposed of.

JUDGE Lucy