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2025 DAILYLAW 170926 (ALL)

NEERAJ KUMAR JAIN v. DEBT RECOVERY TRIBUNAL LKO. AND 2 OTHERS

WRIC/11416/2024 · 2025-01-21

Pankaj Bhatia

body2025

Judgment text

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Neutral Citation No. - 2025:AHC-LKO:3746 Court No. - 7 Case :- WRIT - C No. - 11416 of 2024 Petitioner :- Neeraj Kumar Jain Respondent :- Debt Recovery Tribunal Lko. And 2 Others Counsel for Petitioner :- Vidhu Bhushan,Vineeta Pandey Hon'ble Pankaj Bhatia,J. 1. Heard learned Counsel for the petitioner. 2. The present petition has been filed challenging the order dated 28.08.2024 passed by the Debts Recovery Tribunal, Lucknow, whereby, the auction was quashed. 3. It is argued by the Counsel for the petitioner that the petitioner, who is the auction purchaser, cannot be permitted to file objection and the order impugned has been passed. It is further informed that the respondent Bank has filed an appeal before the DRAT. 4. Considering the fact that the respondent Bank has filed an appeal against the order impugned before the DRAT, the present petition is disposed off permitting the petitioner to agitate his grievance before the DRAT, if so advised. Order Date :- 21.1.2025 akverma Digitally signed by :- ASHOK KUMAR VERMA High Court of Judicature at Allahabad, Lucknow Bench