JHARKHAND HIGH COURT (SHREE CHANDRASHEKHAR, J.) PARITRAN TRUST, JHARKHAND Petitioner VERSUS PUNJAB NATIONAL BANK, DELHI AND OTHERS Respondents W.P. (C) No. 3710 of 2012-Decided on 14-10-2014. (A) Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Sections 13 (2), 13 (3-A) – Declaring account as NPA - Recovery of debt – Composite notice - There is no prohibition in Section 13(2) of the Act against issuing a composite order both declaring the account of the borrower NPA and requiring the borrower to discharge its liability simultaneously. (Para 11) (B) Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Sections 13 (2), 13 (3-A) – Declaring account as NPA - Recovery of debt – Principles of natural justice - Nowhere in the representation dated 21-1-2012, the petitioner-Trust has disputed the calculation nor has it claimed its ...