Zeeshan Haider Zaidi v. Debt Recovery Tribunal Lko. and 2 Others
Case brief
What is this about?
Neutral Citation 2025:AHC-LKO:22123; MATTERS UNDER ARTICLE 227 No. - 2239 of 2025; decided 18.4.2025 by Pankabhatia... corrected: Pankaj Bhatia, J., High Court of Judicature at Allahabad, Lucknow Bench (Court No. 6). Zeeshan Haider Zaidi v. Debt Recovery Tribunal Lko. And 2 Others. Article 227 intervention in a SARFAESI matter: petitioner's interim application attached to his S.A. pending at DRT Lucknow; respondent-Bank had obtained a Section 14 SARFAESI order posing imminent eviction threat; petition disposed of with directions - DRT to decide interim application by 24.04.2025, may assess maintainability of the S.A.; copy of order to be produced by 22.04.2025; petitioner free to challenge the Section 14 order by appropriate application; no coercive action against petitioner till interim application decided. No precedents cited; no monetary quantum involved.
What did the court decide?
Interim protection: no coercive action against the petitioner in terms of the Section 14 SARFAESI order until the DRT decides the interim application; DRT, Lucknow directed to decide the interim application expeditiously on or before 24th April, 2025 (and may also consider whether the S.A. is maintainable); petitioner entitled to file an appropriate application challenging the Section 14 order; parties to produce a copy of this order before the DRT by Tuesday, i.e., 22.04.2025.