2025:JHHC:28792 IN THE HIGH COURT OF JHARKHAND AT RANCHI W.P.(C) No.1989 of 2024 Indian Bank, a body corporate constituted under the Banking Companies (Acquisition & Transfer of Undertakings) Act 1970, having one of its Branch Office namely Stressed Asset Management Branch, Ranchi, represented through its Chief Manager, Mr. Suresh Chandra Chauhan aged about 46 years son of Surya Bali Chauhan both having their office at Lalpur Chowk, P.O. & P.S. Lalpur, District Ranchi. …… Petitioner Versus 1. Debts Recovery Tribunal Ranchi, represented through its Registrar both having their office at 5th Floor, Pragati Sadan, P.O. G.P.O, P.S. Kotwali, District Ranchi. 2. M/s Universal Auto Components Private Limited, Through its Director Sri Arun Kumar Tiwari, A Private Limited Company, having its registered office at B- 20, IInd Phase, Adityapur Industrial Area, Jamshedpur, P.O. & P.S. Adityapur, District -Seraikella -Kharswan, Jharkhand-832109 also at Plot No.715, Large Sector, Phase VIII, Srirampur, Gamharia, P.O. & P.S. Gamharia, Distt – Seraikella -Kharswan, Jharkhand-832108. 3. Arun Kumar Tiwari, S/o Raj Kishor Tiwari, Resident of B- 20, IInd Phase, Adityapur Industrial Area, Jamshedpur, P.O. & P.S. Adityapur, District- Seraikella -Kharswan, Jharkhand- 832109 also at 295, Shiv Puri Colony, Bada Gamharia, P.O. & P.S. Gamharia, District Seraikella Kharswan, Jharkhand- 832108. 4. Saraswati Devi, Wife of Sri Arun Kumar Tiwari, Resident of B-20, IInd Phase, Adityapur Industrial Area, Jamshedpur, P.O. & P.S. Adityapur, District- Seraikella-Kharswan, Jharkhand-832109 295, also at Shiv Puri Colony, Bada Gamharia, P.O. & P.S. Gamharia, District Seraikella Kharswan Jharkhand- 832108. …... Respondents --------- CORAM: HON'BLE MR. JUSTICE RAJESH KUMAR --------- For the Petitioner : Mr. P.A.S. Pati, Advocate For the Respondents : --------- 08/Dated: 18 th September, 2025 1. Since the nature of order which is being passed, there is no requirement for issuance of notice upon the respondents. 2. The present writ petition has been filed for the - 1 - W.P.(C) No.1989 of 2024 2025:JHHC:28792 following reliefs :- “(a) For quashing the order dated 21.02.2022 passed in O.A. No. 269/2020 by the respondent no.1 whereby and whereunder the Ld. Tribunal has ordered that the petitioner shall not take any coercive action without obtaining order of the Ld. Tribunal; (b) For a further direction upon the respondent no.1 to immediately and expeditiously decide the case being O.A. No. 269/2020 without any further adjournments or delay.” 3. Specific query has been raised whether the Tribunal is functioning or not. In this regard it has been submitted that the Tribunal is functional since 04.08.2025. 4. In that view of the matter, learned counsel for the petitioner seeks permission to withdraw the present writ petition with a direction upon the Tribunal to decide the matter in time bound manner as prescribed under the law. 5. In view of the above factual matrix and submission of learned counsel for the petitioner, the present writ petition is hereby disposed of giving liberty to the petitioner to pursue his remedy before the concerned Tribunal and the Tribunal is directed to decide the issue within time frame as stipulated in the law. 6. With above discussion and direction, the present writ petitions stand disposed of. 7. Pending interlocutory application, if any, also stands disposed of. (Rajesh Kumar, J.) 18th September, 2025 Ravi-Chandan/- - 2 - W.P.(C) No.1989 of 2024