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2026 DAILYLAW 10347 (ALL)

M/S R.R. TRADERS v. PRESIDING OFFICER AND 5 OTHERS

WRIC/39951/2026 · 2026-09-30

Rohit Ranjan Agarwal

body2026

Judgment text

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HIGH COURT OF JUDICATURE AT ALLAHABAD WRIT - C No. - 39951 of 2026 Court No. - 9 HON'BLE ROHIT RANJAN AGARWAL, J. 1. Heard counsel for the petitioner and Shri Gyam Prakash Srivastava, counsel appearing for the respondent nos. 2 and 3. 2. This petition has been filed with the following prayer:- "(i) To issue a suitable writ, order or direction in the nature of mandamus commanding the Debts Recovery Tribunal, Allahabad to decide the Stay Vacation Application (I.A. No.4938/2026) dated 27.07.2026 pending in S.A. No. 662 of 2024 (M/s Ila Industries and others-v- The Authorized Officer, Central Bank of India and another) within a specific period as fixed by this Hon'ble Court." 3. It is contended that the petitioner is an auction purchaser of the mortgaged property of private-respondent nos. 4 ad 5, who had taken loan from the bank and had defaulted in the repayment. A stay vacation application is pending in S.A. No. 662 of 2024. The prayer is for expeditious disposal of the same. 4. As no useful purpose would be served in keeping the matter pending or calling for counter affidavit or issuing notice to the respondents, at this admission stage, the Debts Recovery Tribunal, Allahabad is hereby directed to proceed with the Stay Vacation Application (I.A. No.4938/2026) dated 27.07.2026 pending consideration in S.A. No. 662 of 2024 and decide the same within a period of three months from the date of production of certified copy of this order, in accordance with law, Versus Counsel for Petitioner(s) : Maneesh Mehrotra Counsel for Respondent(s) : Gyan Prakash Shrivastava, Krishna Mohan Asthana M/S R.R. Traders .....Petitioner(s) Presiding Officer And 5 Others .....Respondent(s) after hearing all affected parties. 5. With the aforesaid directions, the petition stands disposed of. 6. It is made clear that this Court has not adjudicated the matter on merits. October 1, 2026 A. V. Singh WRIC No. 39951 of 2026 2 (Rohit Ranjan Agarwal,J.) Digitally signed by :- AJAY VIKRAM SINGH High Court of Judicature at Allahabad