MAYANK YADAV v. U.O.I.THRU. SECY. MINISTRY OF FINANCE DEPTT. OF DEEP BUILDING PARLIAMENT STREET AND 6 OTHERS
A227/4241/2025 · 2025-07-18
Pankaj Bhatia
body2025
DailyLaw.ai
[ 2025 DAILYLAW 151766 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 151766 (ALL) · dailylaw.ai ]
Judgment text
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Neutral Citation No. - 2025:AHC-LKO:41231 Court No. - 7 Case :- MATTERS UNDER ARTICLE 227 No. - 4241 of 2025 Petitioner :- Mayank Yadav Respondent :- U.O.I.Thru. Secy. Ministry Of Finance Deptt. Of Deep Building Parliament Street And 6 Others Counsel for Petitioner :- Ashish Kumar Counsel for Respondent :- A.S.G.I. Hon'ble Pankaj Bhatia,J.
1. Heard learned Counsel for the petitioner.
2. The present petition has been filed by the petitioner for the following reliefs:
"i. Issue an order or direction directing opposite party no. 2, i.e., the Debt Recovery Tribunal, Lucknow, to expeditiously decide the pending Interim Stay Applications and Amendment Applications filed by the petitioner on various dates in Securitization Application No. 213/2025 (Mayank Yadav v. Kamod Commercial and Finance Pvt. Ltd. and Others) within a stipulated period as determined by this Hon'ble Court. ii. Issue an order or direction directing opposite party no. 3 and 4, not to dispossess the petitioner from the Khasra No. 974 & 973, Village Bijnor, Pargana Bijnor, Tehsil Lucknow (New Tehsil Sarojini Nagar) District- Lucknow, having an area of 2886.19 square meter, in pursuance to the
order dated-18-04-2025 passed by Additional Chief Judicial Magistrate- III room no-27 Lucknow, (Opposite party no-3) under section-14 of the SARFAESI Act-2002. iii. Issue an order or direction directing opposite party no. 2, i.e., the Debt Recovery Tribunal, Lucknow, to expeditiously decide the pending Securitization Application No. 213/2025 (Mayank Yadav v. Kamod Commercial and Finance Pvt. Ltd. and Others) within a stipulated period as determined by this Hon'ble Court."
3. Considering the facts that the applications of the petitioners are pending before the DRT, the present petition is disposed off with a direction to the DRT to decide the pending applications within a period of six weeks from today and in accordance with law.
4. Till the disposal of the applications, no steps shall be taken for sell of the property.
5. The parties shall maintain status quo with regard to the title and possession.
Order Date :- 18.7.2025 akverma Digitally signed by :- ASHOK KUMAR VERMA High Court of Judicature at Allahabad, Lucknow Bench