Ms Sympoh Marketing Pvt. Ltd. v. Union of India and & Ors.
Case brief
What is this about?
Withdrawal of writ petition; Delhi High Court single judge (Vikas Mahajan, J.); W.P.(C) 11021/2020; M/s Sympoh Marketing Pvt Ltd v. Union of India & Ors.; dismissed as withdrawn; liberty to approach Debt Recovery Tribunal (DRT); Section 17 SARFAESI Act 2002; limitation period before High Court to be considered by DRT; interim protection — Bank (respondent no.3) restrained from coercive action for three weeks; pending CM applications disposed of; order dated 20.03.2025.
What did the court decide?
Petition dismissed as withdrawn with liberty to approach the learned DRT under Section 17 of the SARFAESI Act, 2002; learned DRT to consider the period spent by the petitioner before this Court while dealing with limitation; interim direction that respondent no.3/Bank shall not take coercive action against the petitioner for three weeks; pending applications disposed of.