Tribunals and CommissionsSingle Bench(2022) 11 DRAT CK 0029

HDFC vs Ajay Kumar and Company & Ors

Debts Recovery Appellate Tribunal · Decided on 22 November 2022

HON’BLE JUDGES
R. D. Khare, Chairperson
RESULT
Disposed Of
CASE NUMBER
Appeal Dy. No. 919 Of 2022

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Judgment

5 paragraphs · 172 words

R. D. Khare, Chairperson

As per report of the Registrar dated 17.11.2022, the present appeal has been filed under section 18 of the SARFAESI Act against the interim order dated 20.10.2022 passed by the DRT, Lucknow in S.A. No. 394/2022. The said report further shows that the I.A. No. 549/2022 being urgency application has been filed.

Since the matter has been taken-up, the I.A. No. 549/2022 which is urgency application, has become infructuous and is disposed off as such.

The present appeal has been filed against the interim order dated 20.10.2022, whereby the appellant-Bank has been restrained from taking physical possession of the property till the next date fixed and the next date is fixed for 17.12.2022 for arguments before the Tribunal below. In case the appellant has any objection or grievance against the order impugned, he may file appropriate application for vacation of stay before the Tribunal below and if such application is filed, the Tribunal below shall consider and decide the same most expeditiously.

Accordingly, the appeal stands disposed off.