M/S GREEN EARTH EXIM INDIA PVT LTD v. DEBT RECOVERY TRIBUNAL AND 5 OTHERS
WRIC/41146/2026 · 2026-10-08
Rohit Ranjan Agarwal
body2026
DailyLaw.ai
[ 2026 DAILYLAW 14179 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2026 DAILYLAW 14179 (ALL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
HIGH COURT OF JUDICATURE AT ALLAHABAD WRIT - C No. - 41146 of 2026 Court No. - 9 HON'BLE ROHIT RANJAN AGARWAL, J.
1. This is a petition on behalf of the auction purchaser. Borrower- respondent no. 4 filed an S.A. No. 936 of 2022 before the Debts Recovery Tribunal, Allahabad questioning the initiation of the securitization proceedings by the bank. The sole prayer made is for expeditious disposal of the S.A. No. 936 of 2022.
2. 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 said S.A. No. 936 of 2022 and decide the same within a period of six months from the date of production of certified copy of this order, in accordance with law, after hearing all affected parties.
3. With the aforesaid directions, the petition stands disposed of.
4. It is made clear that this Court has not adjudicated the matter on merits. October 9, 2026 A. V. Singh Versus Counsel for Petitioner(s) : Mohd Rustam, Shadab Alam Counsel for Respondent(s) : Krishna Mohan Asthana, Satish Chaturvedi (Rohit Ranjan Agarwal,J.) M/S Green Earth Exim India Pvt Ltd .....Petitioner(s) Debt Recovery Tribunal And 5 Others .....Respondent(s) Digitally signed by :- AJAY VIKRAM SINGH High Court of Judicature at Allahabad