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2026 DAILYLAW 8999 (UTT)

M/S LARDRUMS ELECTRICALS PVT LTD v. DEBTS RECOVERY APPELLATE TRIBUNAL ALLAHABAD

WPMS/2265/2026 · 2026-07-28

Manoj Kumar Tiwari

body2026

Judgment text

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UKHC010131462026 2026:UHC:6464 SL. No. Date Office Notes, reports, orders or proceedings or directions and Registrar’s order with Signatures COURT’S OR JUDGE’S ORDERS WPMS/2265/2026 M/s Lardrums Electricals Pvt Ltd --Petitioner Versus Debts Recovery Appellate Tribunal Allahabad --Respondent Hon’ble Manoj Kumar Tiwari, J 1. Mr. Rajat Mittal, learned counsel for the petitioners. 2. Mr. Ashish Joshi, learned counsel for the respondent. 3. Against order passed by Debts Recovery Tribunal, Dehradun on 31.10.2025 in proceedings under Section 17 of SARFAESI Act, 2002, petitioner has filed appeal before Debts Recovery Appellate Tribunal, Allahabad, which has been given Diary No. 2428 of 2025. 4. Learned counsel for the petitioner submits that State Bank of India is proceeding to dispose of the plant & machinery of the industrial unit of the petitioner, therefore Debts Recovery Appellate Tribunal be directed to decide petitioner’s interim relief application expeditiously. Learned counsel for the petitioner points out that the next date fixed before the Appellate Tribunal is 08.09.2026. 5. Having regard to the facts and circumstances of the case, the writ UKHC010131462026 2026:UHC:6464 petition is disposed of with a request to Debts Recovery Appellate Tribunal to consider and decide petitioner’s interim relief application, one way or the other, on any date within fifteen days from today. 6. Learned counsel appearing for the State Bank of India, on instructions, makes a statement that his client will not take any precipitative action against the petitioner for a period of fifteen days. (Manoj Kumar Tiwari, J) 28.07.2026 Aswal NITI RAJ SINGH ASWAL Digitally signed by NITI RAJ SINGH ASWAL DN: c=IN, o=HIGH COURT OF UTTARAKHAND, ou=HIGH COURT OF UTTARAKHAND, 2.5.4.20=eacc6757ee7881e933ff8934f07477005aa85f9802a3a 08b08d1369512ea30f3, postalCode=263001, st=UTTARAKHAND, serialNumber=44EB54CBF00B7698CB6F10C2CE3D26F5C22DA CF4F4610C1FE58A58531726FBB0, cn=NITI RAJ SINGH ASWAL Date: 2026.07.28 05:40:58 -07'00'