Neutral Citation No. - 2025:AHC-LKO:46344 Court No. - 7 Case :- MATTERS UNDER ARTICLE 227 No. - 4767 of 2025 Petitioner :- Mr. Bir Bahadur Singh And 3 Others Respondent :- The Debts Recovery Tribunal Thru. Its Registrar Hanuman Setu Lko. And Another Counsel for Petitioner :- Vivek Abhir,Mantosh Kumar Counsel for Respondent :- Nitin Srivastava Hon'ble Jaspreet Singh,J. Sri Vivek Abhir learned counsel for the petitioners at the outset submits that he confines his prayer to seek a direction for disposal of his securitization application no.322 of 2024 pending before Debt Recovery Tribunal expeditiously. He further states that he does not wish to press his prayer nos.2 to 5. Sri Nitin Srivastava learned counsel for the respondent no.2- Bank submits that he has no objection in case if an expedite order is passed regarding the disposal of the securitization application. In view of the consensus arrived at between the parties and considering the fact that the securitisation application of the petitioner is pending before the Debt Recovery Tribunal, Lucknow, the petition is disposed of with a direction to the Debt Recovery Tribunal, Lucknow to consider the pending securitisation of the petitioner most expeditiously after affording opportunity of hearing to the parties but without granting any unnecessary adjournment. It had been informed that the matter was last taken up by the Debt Recovery Tribunal on 28.05.2025, whereafter the next date fixed is 17.12.2025. In this view of the matter, the Court permits the petitioner to move an application before the Debt Recovery Tribunal not only for expeditious hearing also for preponing the date and noticing the aforesaid, appropriate orders shall be passed preferably deciding the securitization application within a period of four weeks from the date of application moved before the Debt Recovery Tribunal. It is made clear that the Court has not examined the case of either of the parties on merits and the Debt Recovery Tribunal shall be free to decide the matter strictly in accordance with law. With the aforesaid, the petition is disposed of. Order Date :- 8.8.2025 Harshita Digitally signed by :- HARSHITA High Court of Judicature at Allahabad, Lucknow Bench