Tribunals and CommissionsSingle Bench(2024) 02 DRAT CK 0027

Lokesh Janardhan Waghmare vs Union Bank of India & Ors

Debts Recovery Appellate Tribunal · Decided on 22 February 2024

HON’BLE JUDGES
Ashok Menon, Chairperson
RESULT
Disposed Of
CASE NUMBER
I.A. No. 134 Of 2024(CoD) In M.A. No. 19 Of 2024 In Misc. Appeal No. 123 Of 2022

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Judgment

2 paragraphs · 335 words

Ashok Menon, Chairperson

This Tribunal had as per the order dated 18.08.2023 directed the D.R.T., Nagpur to dispose of S.A. No. 86 of 2021 as expeditiously as possible at any rate within three months from the receipt of the copy of the order. It is indicated that the copy of the order was not communicated and neither parties also produced the order before the Tribunal. Hence, the matter was not posted within three months as directed. The Ld. Counsel appearing for the Appellant had subsequently produced a copy of the order in January before the Tribunal and the bank has also issued a notice of dispossession to the Appellant. He has, therefore, come up with this application for clarifying the order dated 18.08.2023 which does not specifically mention that there is a stay granted till disposal of the S.A. It is pertinent to note that this Tribunal had in an earlier order dated 27.07.2022 on condition of depositing the pre-deposit amount granted a stay till further order. That order of stay was not vacated till the appeal was disposed of and the amount is still lying with this Tribunal. The intention was that the S.A. be disposed of as expeditiously as possible at any rate within three months, so that all the contentions of the parties could be sorted out before the D.R.T. However, there was no specific direction as granted by the Tribunal earlier. The Appellant should have moved before this Tribunal for a review of the order which he did not do within the stipulated time. This application is now filed with a delay of 150 days. Therefore, it cannot be considered. However, a direction of this Tribunal to dispose of the S.A. within three months has already expired. Therefore, endeavour shall be made by the Ld. Presiding Officer to dispose of the S.A. within one month from today. Till that time, the taking over of possession shall be deferred. The protection is granted till the disposal of the S.A. within one month.