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2025 DAILYLAW 63292 (ALL)

STATE BANK OF INDIA v. CHAIRPERSON, DEBTS RECOVERY APPELLATE TRIBUNAL AND 2 OTHERS

WRIC/17142/2025 · 2025-05-26

Rohit Ranjan Agarwal

body2025

Judgment text

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Neutral Citation No. - 2025:AHC:90398 Court No. - 9 Case :- WRIT - C No. - 17142 of 2025 Petitioner :- State Bank Of India Respondent :- Chairperson, Debts Recovery Appellate Tribunal And 2 Others Counsel for Petitioner :- Sandeep Arora Hon'ble Rohit Ranjan Agarwal,J. This writ petition has been filed with the following prayer:- "(1) Issue, a writ, order or direction in the nature of mandamus directing the respondent no. 1, to decide the MISC. APPEAL No. 872 of 2024 titled State Bank of India vs. Arun Kumar Soam., filed u/s 18of the Securitization and Reconstruction of Financial Assets and enforcement of security Interest Act, 2002(ANNEXURE 1) within the specified time frame as may be decided and fixed by this Hon'ble Court." It is contended that a Misc. Appeal No.872 of 2024 is pending consideration before the Debts Recovery Appellate Tribunal under Section 18 of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act). As no useful purpose would be served in keeping the matter pending, or calling for counter affidavit or issuing notice to the private respondents, the matter is being disposed of, at the admission stage, with a direction upon Debts Recovery Appellate Tribunal, Allahabad to decide Misc. Appeal No.872 of 2024, after hearing all the concerned parties, strictly in accordance with law expeditiously preferably within a period of six months from the date of production of certified copy of this order. With the aforesaid direction, present writ petition stands disposed of. It is made clear that this Court has not adjudicated the case on merit. Order Date :- 27.5.2025 SK Goswami Digitally signed by :- SHIVAKANT GOSWAMI High Court of Judicature at Allahabad