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2025 DAILYLAW 151985 (ALL)

SMT. SARASWATI DEVI AND 2 OTHERS v. DEBTS RECOVERY TRIBUNAL LKO. AND 5 OTHERS

A227/4200/2025 · 2025-07-15

Pankaj Bhatia

body2025

Judgment text

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Neutral Citation No. - 2025:AHC-LKO:40318 Court No. - 7 Case :- MATTERS UNDER ARTICLE 227 No. - 4200 of 2025 Petitioner :- Smt. Saraswati Devi And 2 Others Respondent :- Debts Recovery Tribunal Lko. And 5 Others Counsel for Petitioner :- Rajeiu Kumar Tripathi Counsel for Respondent :- C.S.C.,Vinay Shankar Hon'ble Pankaj Bhatia,J. 1. Heard learned counsel for the petitioners and Shri Vinay Shankar, learned counsel for respondent no.2. 2. Both the parties are in agreement that Securitisation Application pending before the DRT being S.A. No.709 of 2024 may be directed to be decided within a period of one month from today; none of the parties shall seek any adjournment. 3. In view thereof, present petition is disposed off directing the DRT concerned to decide the aforesaid S.A. within a period of one month from today. 4. Till the decision of the S.A., no steps for taking coercive possession shall be taken by the respondents. Order Date :- 15.7.2025 nishant Digitally signed by :- NISHANT MOHAN High Court of Judicature at Allahabad, Lucknow Bench