Smt. Sunita Verma (Major) v. the Debt Recovery Tribunal Lko. Bench Lko. Near Hanuman Mandir Lko. and 3 Others
Case brief
What is this about?
WRIT - C No. - 3518 of 2024, High Court of Judicature at Allahabad, Lucknow Bench, decided 28.5.2025 by Hon'ble Rajan Roy, J. and Hon'ble Om Prakash Shukla, J. Petitioner Smt. Sunita Verma (auction purchaser in a 2013 auction) sought refund of her deposit of Rs. 51,50,000/-, the property having never been handed over to her; the Bank did not dispute the refund liability. The Court held that the Debt Recovery Tribunal order dated 19.04.2017 passed in the borrower's review application cannot affect the petitioner-auction purchaser's right to refund and directed the Bank to repay Rs. 51,50,000/- within 15 days. Interest claim deferred to 10.07.2025. Counsel: Vinay Kant Shukla for petitioner; Akhilesh Pratap Singh, Prashant Kumar and Sharad Tewari for respondents.
What did the court decide?
Bank directed to return Rs. 51,50,000/- deposited by the petitioner at the time of auction within 15 days; petitioner's claim for interest deferred for consideration when the case is listed on 10.07.2025, not as a fresh case.