Disposed¶15
State Bank of India, Stressed Assets Management Br. -Iii, Acting Thr. Chief Manager, Devdatta Sharma v. Debts Recovery Tribunal, through Its Presiding Officer, Nagpur and Ors.
Bombay HCWP/2202/2026
Case brief
AI extract
What is this about?
SARFAESI Act 2002; Section 13(2) demand notice; Section 13(4) symbolic possession; D.R.T. Nagpur; Securitisation Application No.14/2016; Interim Application No.108/2016 and I.A. No.373/2016; stay of sale notice dated 24-01-2016; interim order dated 14-03-2016; I.A. No.1388/2025 for vacation of interim order; delay of over six months in deciding application; time-bound direction to Tribunal; writ petition disposed of; State Bank of India v Debts Recovery Tribunal.
What did the court decide?
Writ petition disposed of with a direction to respondent no.1 to decide I.A. No.1388/2025 within fifteen days from production of the order, and to communicate the decision to the petitioner within two weeks from the date of decision. ¶15