CANARA BANK A BODY CORPORATE THRU. CONSTITUTED ATTORNEY DEEPESH KUMAR JAISWAL v. DEBITS RECOVERY TRIBUNAL LKO. THRU. PRESIDING OFFICER LKO. AND 5 OTHERS
A227/5939/2025 · 2025-09-26
Jaspreet Singh
body2025
DailyLaw.ai
[ 2025 DAILYLAW 167853 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 167853 (ALL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
HIGH COURT OF JUDICATURE AT ALLAHABAD LUCKNOW MATTERS UNDER ARTICLE 227 No. - 5939 of 2025 Court No. - 7 HON'BLE JASPREET SINGH, J. Heard learned counsel for the petitioner. Shri Apoorv Dev, learned counsel has put in appearance on behalf of the respondents no.3 to 5 has filed his Vakalatnama which is taken on record. By means of the instant petition, the petitioner seeks expeditious disposal of Securitization Application No.701 of 2024. Having considered the aforesaid submission and from the perusal of the material on record including the order passed by the Debts Recovery Tribunal, Lucknow on 16.07.2025 whereby it was noticed by the said Tribunal that there is certain constrains and limitations relating to the huge pendency and though the matter has been fixed for 23.02.2026 yet liberty was granted to the parties that in case if any emergency, they could approach the Tribunal concerned. In this view of the matter and apparently since passing of that order no application has been moved by the petitioner before the Debts Recovery Tribunal, this Court is not inclined to accept the aforesaid request leaving it open for the petitioner to take recourse as may be available to him in law and avail the liberty granted by the Debts Recovery Tribunal in its order dated 16.07.2025. Moreover, the borrower i.e. the respondents no.2 to 5 who are put in appearance before this Court are also cautioned whenever the matter is Versus Counsel for Petitioner(s) : Arun Pratap Singh Counsel for Respondent(s) :
Canara Bank A Body Corporate Thru. Constituted Attorney Deepesh Kumar Jaiswal .....Petitioner(s) Debits Recovery Tribunal Lko. Thru. Presiding Officer Lko. And 5 Others .....Respondent(s)
taken up, they shall not seek any unnecessary adjournment and shall co- operate in early hearing. In case if the borrower does not co-operate, it will be open for the Tribunal to pass appropriate order. With the aforesaid, the petition is disposed of. September 26, 2025 ank A227 No. 5939 of 2025 2 (Jaspreet Singh,J.) Digitally signed by :- ALI NEWAZ KHAN High Court of Judicature at Allahabad, Lucknow Bench