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2025 DAILYLAW 130097 (ALL)

PREM SAGAR AND 3 OTHERS v. THE DEBT RECOVERY TRIBUNAL U.P. LKO. AND 5 OTHERS

WRIC/3179/2025 · 2025-04-03

Om Prakash Shukla, Rajan Roy

body2025

Judgment text

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Neutral Citation No. - 2025:AHC-LKO:18522-DB Court No. - 2 Case :- WRIT - C No. - 3179 of 2025 Petitioner :- Prem Sagar And 3 Others Respondent :- The Debt Recovery Tribunal U.P. Lko. And 5 Others Counsel for Petitioner :- Manju Sharma Hon'ble Rajan Roy,J. Hon'ble Om Prakash Shukla,J. Heard. The petitioner seeks expeditious disposal of Securitization application bearing number 104 of 2025 and / or interim relief application filed therein. The petition should have been filed under Article 227 instead of Article 226 of the Constitution of India. Nevertheless, for once, we dispose of this petition with a direction to the Debt Recovery Tribunal to consider the application for expediting the hearing of the securitization application. In the meantime, till the Securitization Application is decided, to consider and dispose of the interim relief application at the earliest, say within 15 days from the date of receipt of a certified copy of this order, unless there is any legal impediment, in which case it shall be mentioned in the order sheet. Order Date :- 3.4.2025 Lokesh Kumar [Om Prakash Shukla, J.] [Rajan Roy, J.] Digitally signed by :- LOKESH KUMAR High Court of Judicature at Allahabad, Lucknow Bench