M/S Chunnu Fashions v. Edelweiss Asset Reconstruction Company Limited and Ors.
Case brief
What is this about?
The petitioner filed a writ petition to stay proceedings before the Debt Recovery Tribunal pending an appeal at the appellate tribunal. The court dismissed the petition as it would only delay proceedings given the imminent dates. A connected CM application for stay was dismissed as infructuous.
What did the court decide?
Writ petition dismissed; CM application for stay dismissed as infructuous; Exemption in connected matter allowed.