Disposed
Dr. Vijaykumar Vishwanath Ingale v. Asset Reconstruction Company (India) Ltd.
Bombay HCWP/4168/2014
Case brief
AI extract
What is this about?
The Bombay High Court disposed of a writ petition challenging an order rejecting stay of sale. The court granted interim protection restricting confirmation of sale until May 9, 2014, to allow the petitioner to pursue alternate remedies before the outgoing DRT. No order as to costs.
What did the court decide?
Sale may proceed but confirmation shall be stayed until 9th May 2014 to enable filing of application before Debts Recovery Appellate Tribunal.