Yajuvendra Singh Parihar v. Presiding Officer, Debts Recovery Tribunal, Allahabd and 8 Others
SARFAESI Act, 2002 – Section 17(1)
Case brief
What is this about?
Allahabad High Court (Rohit Ranjan Agarwal, J.; WRIT - C No. 16068 of 2025; order dated 20.5.2025; neutral citation 2025:AHC:84008) disposed of a writ petition by Yajuvendra Singh Parihar seeking a time-bound direction to the Presiding Officer, Debts Recovery Tribunal, Allahabad to decide Securitization Application No. 695 of 2024 (M/s Umesh Ji Medical Store and others v. Canara Bank and another) under Section 17(1) of the SARFAESI Act, 2002. Disposed at admission stage without counter affidavit or notice to private respondents; DRT directed to decide within preferably six months from production of certified copy; no adjudication on merits; no costs or amounts awarded; no precedents cited.
What did the court decide?
Direction to respondent no.1 (Presiding Officer, Debts Recovery Tribunal, Allahabad) to decide Securitization Application No. 695 of 2024 in accordance with law, after hearing all affected parties, preferably within six months from the date of production of a certified copy of the order; writ petition disposed of at admission stage without counter affidavit or notice to private respondents.