M/S AMBEY MODERN RICE MILLS v. UNION OF INDIA AND 3 OTHERS
WRIC/5478/2025 · 2025-02-23
Siddhartha Varma, Y K Srivastava
body2025
DailyLaw.ai
[ 2025 DAILYLAW 22335 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 22335 (ALL) · dailylaw.ai ]
Judgment text
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Neutral Citation No. - 2025:AHC:26488-DB Court No. - 39 Case :- WRIT - C No. - 5478 of 2025 Petitioner :- M/S Ambey Modern Rice Mills Respondent :- Union Of India And 3 Others Counsel for Petitioner :- Ramesh Kumar Shukla,Smriti Gupta Counsel for Respondent :- A.S.G.I.,Ashish Agrawal Hon'ble Siddhartha Varma,J. Hon'ble Dr. Yogendra Kumar Srivastava,J.
1. From the records, we find that the petitioner had approached the Debts Recovery Tribunal by means of a Securitization Application No.757 of 2024. On 13.11.2024, on account of the fact that the notice had been issued to a dead person, the auction sale had been stayed.
2. It is now the case of the petitioner that even though a stay order is operating in favour of the petitioner, the Bank had issued an auction notice on 27.1.2025, fixing 28.2.2025, as date for auction.
3. Since we find that the matter is still pending before the Debts Recovery Tribunal, we grant indulgence to the petitioner and provide that if it approaches the DRT itself, within the next three days by moving an urgency application, the application shall be entertained and orders shall be passed on it.
4. With the aforesaid observations, present petition stands
disposed of.
Order Date :- 24.2.2025 RKK/- (Dr Y K Srivastava, J) (Siddhartha Varma, J) Digitally signed by :- RAJ KUMAR KANNAUJIA High Court of Judicature at Allahabad