Dismissed

Edelweiss Asset Reconstruction Company Limited v. Lt. Col Hardeep Singh Bedi & Anr.

Delhi HC1 Oct 2024W.P.(C)/11348/2024

Case brief

AI extract

What is this about?

The High Court of Delhi disposed of a writ petition challenging a DRAT order with the consent of both parties. The Court directed the DRAT to dispose of the pending appeal expeditiously and extended the existing interim protection order regarding the subject property pending the DRAT's decision.

What did the court decide?

Writ petition disposed of; Direction to DRAT to decide Appeal No. 160/ 2024 expeditiously; Interim protection order of 09th September 2024 to continue.

Edelweiss Asset Reconstruction Company Limited… — Civil Procedure and Limitation | Delhi HC (2024)

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$~8

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- W.P.(C) 11348/2024 & CM APPL. 52530/2024

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EDELWEISS ASSET RECONSTRUCTION COMPANY LIMITED .....Petitioner Through: Mr. Manish Kumar Bishnoi, Mr. R.P. Agrawal, Ms. Manisha Agrawal and Mr. Chandan Kumar Jha, Advs.

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versus

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LT. COL HARDEEP SINGH BEDI & ANR. .....Respondents Through: Mr. Ashim Vachher, Mr. Vaibhav Dabas, Ms. Saiba M. Rajpal, Advs. for R-1, 4 to 11.

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Mr. Rajeeve Mehra, Sr. Adv. with Mr. Preet Pal Singh, Mrs. Tanupreet Kaur, Ms. Akansha Singh, Mr. Madhukar Pandey and Mr. Unmukt Bhardwaj, Advs. for R-2.

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CORAM: HON'BLE THE CHIEF JUSTICE HON'BLE MR. JUSTICE TUSHAR RAO GEDELA

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O R D E R % 01.10.2024

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Present writ petition has been filed challenging the order dated 31^st May, 2024 passed by the Debt Recovery Appellate Tribunal (“DRAT”) in Appeal No. 160/ 2024 whereby an interim order was declined to the petitioner. The petitioner also seeks directions to respondent No.2 to not alienate, transfer or encumber the subject property until the disposal of the proceedings pending before the DRAT.

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This is a digitally signed order. The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 04/10/2024 at 11:38:36

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On 09^th September, 2024, this Court had directed that till the next date of hearing, the parties shall maintain status quo with regard to possession and title of the property in question.

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Mr. Mehra, learned senior counsel for respondent No.2 prays that as the matter is pending before the DRAT, the present petition be disposed of with a direction to the DRAT to decide the matter expeditiously, in accordance with law.

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Learned counsel for the petitioner is agreeable to the same provided the interim order dated 09^th September, 2024 passed by this Court continues to operate till the disposal of the appeal by the DRAT. Mr. Mehra has no objection to the same.

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Accordingly, with the consent of the parties, the present writ petition is disposed of with a direction to the DRAT to decide the petitioner’s appeal being Appeal No. 160 of 2024 arising out of Transfer Appeal No. 1/2022 in accordance with law as expeditiously as possible. Till the disposal of the said appeal, the interim protection granted by this Court vide order dated 09^th September, 2024 shall continue to operate. The rights and contentions of all the parties are left open.

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CHIEF JUSTICE

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TUSHAR RAO GEDELA, J

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OCTOBER 1, 2024 N.Khanna

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Edelweiss Asset Reconstruction Company Limited v. Lt. Col Hardeep Singh Bedi & Anr.

Case brief

What is this about?

What did the court decide?

Edelweiss Asset Reconstruction Company Limited v. Lt. Col Hardeep Singh Bedi & Anr.

Case brief

What is this about?

What did the court decide?

What the court decided

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