YAJUVENDRA SINGH PARIHAR v. PRESIDING OFFICER, DEBTS RECOVERY TRIBUNAL, ALLAHABD AND 8 OTHERS
WRIC/16068/2025 · 2025-05-19
Rohit Ranjan Agarwal
body2025
DailyLaw.ai
[ 2025 DAILYLAW 59584 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 59584 (ALL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
Neutral Citation No. - 2025:AHC:84008 Court No. - 9 Case :- WRIT - C No. - 16068 of 2025 Petitioner :- Yajuvendra Singh Parihar Respondent :- Presiding Officer, Debts Recovery Tribunal, Allahabd And 8 Others Hon'ble Rohit Ranjan Agarwal,J.
1. This writ petition has been filed with the following prayer:-
"(i) To issue a suitable writ, order or direction in the nature of mandamus commanding the Presiding Officer, Debts Recovery Tribunal, Allahabad/Respondent no.1 to decide the Securitization Application No. 695 of 2024 (M/s Umesh Ji Medical Store and others -v- Canara Bank and another) pending before the Presiding Officer, Debts Recovery Tribunal, Allahabad under Section 17(1) of the SARFAESI Act within specific period of time as fixed by this Hon'ble Court."
2. It is contended by learned counsel for the petitioner that securitisation application under Section 17(1) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 is pending consideration since 2024. The sole prayer made is for expeditious disposal of the same.
3. As no useful purpose would be served in keeping the matter pending, the writ petition is being disposed of, at the admission stage, without calling for counter affidavit or issuing notice to private respondents, with a direction upon respondent no. 1 to decide the Securitization Application No. 695 of 2024 (M/s Umesh Ji Medical Store and others vs. Canara Bank and another), in accordance with law, after hearing all affected parties, preferably within a period of six months from the date of production of certified copy of this order.
4. With the aforesaid directions, writ petition stands disposed of.
5. It is made clear that this Court has not adjudicated the matter on merits. Order Date :- 20.5.2025 V.S.Singh Digitally signed by :- VIDYA SAGAR SINGH High Court of Judicature at Allahabad