Nirmal Ahuja v. Kotak Mahindra Bank Ltd.
Case brief
What is this about?
Delhi High Court 2025 writ petition dismissed as withdrawn; challenge to receiver's notice dated 08.09.2025 issued pursuant to Kotak Mahindra Bank's Section 14 SARFAESI Act application before the CJM; writ of mandamus to quash notice; prayer for heavy cost for alleged false affidavits and concealment of facts; liberty to file Securitisation Application (SA) before DRT; DRT to dispose of interim-relief SA within 4 weeks; nothing expressed on merits; pending CM applications disposed of.
What did the court decide?
Petition dismissed as withdrawn with liberty to the petitioner to approach Hon'ble DRT by filing a Securitisation Application (SA); any such SA seeking interim relief to be disposed of by the DRT within 4 weeks of filing; pending CM applications disposed of; no relief granted on merits. ¶16