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2026 DAILYLAW 2577 (UTT)

THE KURMANCHAL NAGAR SAHKARI BANK LTD v. THE DEBTS RECOVERY TRIBUNAL

WPMB/765/2025 · 2026-02-26

Shri Manoj Kumar Gupta, Subhash Upadhyay

body2026

Judgment text

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2026:UHC:1368-DB IN THE HIGH COURT OF UTTARAKHAND AT NAINITAL THE HON’BLE CHIEF JUSTICE MR. MANOJ KUMAR GUPTA AND THE HON’BLE JUSTICE MR. SUBHASH UPADHYAY Writ Petition (M/B) No.765 of 2025 26 February, 2026 The Kurmanchal Nagar Sahkari Bank Ltd. --Petitioner Versus The Debts Recovery Tribunal and Others --Respondents ---------------------------------------------------------------------- Presence:- Mr. Shobhit Saharia, learned counsel for the petitioner. Mr. Deep Prakash Bhatt, learned counsel for the caveator. Mr. Rajeev Bhatt, learned counsel for respondent nos.6 and 7. ---------------------------------------------------------------------- JUDGMENT : (per Mr. Manoj Kumar Gupta C. J.) 1. The present writ petition is directed against order dated 13.08.2025 passed by Debts Recovery Tribunal in O.A. No.217 of 2022. 2. Concededly, the order is appellable under Section 18 of The Recovery of Debts and Bankruptcy Act, 1993. 3. Consequently, we decline to examine the challenge and relegate the petitioner to the alternative remedy available under the Act. 1 2026:UHC:1368-DB 4. The writ petition stands disposed of accordingly. 5. Pending application, if any, also stands disposed of. (MANOJ KUMAR GUPTA, C. J.) (SUBHASH UPADHYAY, J.) Dated: 26.02.2026 SS 2 SUKHBANT SINGH Digitally signed by SUKHBANT SINGH DN: c=IN, o=HIGH COURT OF UTTARAKHAND, ou=HIGH COURT OF UTTARAKHAND, 2.5.4.20=71978f9c61bfde0ba69967c787b1764ea7bc7dd129a8a6380d49b1885 e628615, postalCode=263001, st=UTTARAKHAND, serialNumber=2D8B71B8D8E345F6B7F95B1DD4FB4BEBD2B7D72C42261361A ED33172F152148D, cn=SUKHBANT SINGH Date: 2026.02.27 14:52:39 +05'30'