KOTAK MAHINDRA BANK LIMITED v. DEBT RECOVERY APPELLATE TRIBUNAL AND 4 OTHERS
WRIC/26748/2025 · 2025-08-10
Manish Kumar Nigam
body2025
DailyLaw.ai
[ 2025 DAILYLAW 84219 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 84219 (ALL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
Neutral Citation No. - 2025:AHC:135258 Court No. - 9 Case :- WRIT - C No. - 26748 of 2025 Petitioner :- Kotak Mahindra Bank Limited Respondent :- Debt Recovery Appellate Tribunal And 4 Others Counsel for Petitioner :- Amit Shukla,Nilesh Kesharwani Hon'ble Manish Kumar Nigam,J.
1. Heard learned counsel for the parties and perused the record.
2. The instant writ petition has been filed for following relief:
"A. Issue a writ, order or direction in the nature of mandamus directing the respondent No. 1 to decide the Regular Appeal (Dy.) No.501 of 2023 filed u/s 18 of SARFAESI Act (Authorized Officer, Kotak Mahindra Bank Ltd., Vs. Ganesh Trading House and others" pending before the Hon'ble Debt Recovery Appellate Tribunal Allahabad within a period stipulated by the Hon'ble court without being granting Коммеcessary adjournment to the parties."
3. Contention of the learned counsel for the petitioner is that the aforementioned case is pending before respondent no.1 for adjudication. He prayed that the same may be decided expeditiously.
4. No useful purpose would be served in keeping this petition pending.
5. The present petition stands disposed of finally with a direction to the respondent No. 1 to consider and decide the aforementioned case, in accordance with law, expeditiously, preferably within a period of six months from the date of production of a certified copy of this order after ensuring service upon all the respondents, after giving opportunity of hearing to the parties concerned and after giving a reasonable opportunity of leading evidence in respect of their case provided that there is no other legal impediment. Order Date :- 11.8.2025 S. Singh (Manish Kumar Nigam, J.) Digitally signed by :- SAVITA SINGH High Court of Judicature at Allahabad