MR. VISHAL AND 3 OTHERS v. U.O.I. MINISTRY OF FINANCE DEPTT. OF FINANCIAL SERVICES THRU. ITS SECY AND 2 OTHERS
A227/475/2025 · 2025-02-06
Pankaj Bhatia
body2025
DailyLaw.ai
[ 2025 DAILYLAW 120390 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 120390 (ALL) · dailylaw.ai ]
Judgment text
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Neutral Citation No. - 2025:AHC-LKO:7704 Court No. - 7 Case :- MATTERS UNDER ARTICLE 227 No. - 475 of 2025 Petitioner :- Mr. Vishal And 3 Others Respondent :- U.O.I. Ministry Of Finance Deptt. Of Financial Services Thru. Its Secy And 2 Others Counsel for Petitioner :- Jyoti Rajpoot,Gaurav Gupta,Vijay Prakash Chaurasia Counsel for Respondent :- A.S.G.I.,Ashwani Kumar Singh Hon'ble Pankaj Bhatia,J.
1. Heard learned Counsel for the petitioner.
2. The present petition has been filed with the following prayer:
"i) Direction to the concerned court (Opposite Party no.2) for expeditious disposal of Interim Relief Application in Securitization Application No. 7/2025 filed Under Section-17 SARFAESI Act (Vishal Gupta and others vs Union Bank of India) pending before Ld. Debts Recovery Tribunal Lucknow/Opposite party no.2, on day to day hearing within a prescribed time as set by this hon'ble court, in the interest of justice."
3. Considering the fact that the matter is pending before the DRT, the present petition is disposed off giving liberty to the petitioner to move an appropriate application for urgent hearing of the IR application. In case, such an application is filed, the DRT shall endeavour to decide the IR application in accordance with law with all expedition preferably within a period of two months from the date of production of a certified copy of this
order.
Order Date :- 6.2.2025 akverma Digitally signed by :- ASHOK KUMAR VERMA High Court of Judicature at Allahabad, Lucknow Bench