Allowed
Dr. Vijaykumar Vishwanath Ingale v. Asset Reconstruction Company (India) Ltd.
Bombay HCWP/4168/2014
Case brief
AI extract
What is this about?
The High Court disposed of a writ petition at the admission stage. While the petitioner was a bonafide purchaser challenging a sale, the court granted relief by restraining the respondent from confirming the sale until May 9, 2014, to allow the petitioner to approach the Debt Recovery Appellate Tribunal whose Chairperson was entering office on April 28. No order on costs.
What did the court decide?
Respondent to hold the sale but shall not confirm it till May 9, 2014, to enable petitioner to approach the upcoming ATR.