MANOJ KUMAR AND ANOTHER v. DEBTS RECOVERY TRIBUNAL LKO. AND 2 OTHERS
/11746/2025 · 2025-12-15
body2025
DailyLaw.ai
[ 2025 DAILYLAW 176281 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 176281 (ALL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
HIGH COURT OF JUDICATURE AT ALLAHABAD LUCKNOW WRIT - C No. - 11746 of 2025 Court No. - 3 HON'BLE SHEKHAR B. SARAF, J.
HON'BLE MANJIVE SHUKLA, J.
1. Heard learned counsels appearing on behalf of the parties.
2. This petition has been filed inter alia, praying therein for the following relief:-
"(i.) Issue a writ, order or direction in the nature of certiorari to quash the Pre Possession notice dated 07.11.2025 (Annexure No.1) by which the respondent no-2/bank has taken Pre possession despite the pendency of securitisation application no-318/2025 pending before respondent no-1, and entire proceedings initiated by the respondent no-2 under section 14 of SARFAESI Act."
3. The matter is already pending before the Debt Recovery Tribunal.
4. In light of the same, we do not see any reason to interfere in the said proceedings, at this stage.
5. The petitioner is directed to make an application before the Debt Recovery Tribunal and if such an application is made within a period of one week, the Debt Recovery Tribunal is directed to expeditiously hear out the said application.
6. The writ petition is disposed of in the aforesaid terms. December 15, 2025 Lokesh Kumar Versus Counsel for Petitioner(s) : Satyam Singh Counsel for Respondent(s) : C.S.C. (Manjive Shukla,J.) (Shekhar B. Saraf,J.) Manoj Kumar And Another .....Petitioner(s) Debts Recovery Tribunal Lko. And 2 Others .....Respondent(s) Digitally signed by :- LOKESH KUMAR High Court of Judicature at Allahabad, Lucknow Bench