M/S Kanak Overseas Thru. Sole Proprietor Mr. Akhilesh Kala and 2 Others v. Debts Recovery Tribunal,Lko.Thru. Its Registrar and 5 Others
Case brief
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Keywords: Article 227 supervisory jurisdiction; SARFAESI Act, 2002 Sections 13(4), 14 and 17; Debts Recovery Tribunal Lucknow (DRT); Union Bank of India; auction purchaser; physical dispossession despite pending DRT application; sealed/locked premises; moveable assets of debtor; House No.C-42, Sector G, Aliganj, Lucknow Uttar Pradesh-226024; appointment of Court Commissioner (Shri Mohd. Asad, Advocate); SHO Aliganj assistance; breaking of seal/locks; inspection report with photographs; Commissioner's fees Rs.50,000/- borne by petitioner; status quo till 08.01.2025; DRT early-hearing request declined on 01.01.2025, hearing fixed 07.04.2025. Relevant for: interim High Court intervention where a secured creditor takes possession/seals premises while a Section 17 SARFAESI application is pending before the DRT, and for fact-finding via Court Commissioner on rival claims about moveable goods left inside auctioned/secured property.