Prakaram Land and Development Pvt. Ltd. v. Bank of Baroda and Ors.

Delhi HC25 Sept 2025W.P.(C)/14930/2025

Case brief

AI extract

What is this about?

Prakaram Land and Development Pvt. Ltd.; Bank of Baroda; auction purchaser; public auction 04.03.2024; auction cancellation communication 28.07.2025; DRAT New Delhi Misc. Appeal No.170/2015 order 16.09.2025; interim relief declined; DRT-III Delhi four identical orders; Appeals fixed for hearing 03.11.2025; writ petitions disposed without merits adjudication; DRAT requested to decide Appeals within 15 working days; stay on further adjudication of subject property; 7.09 acres; 5.3 acres sold to Respondent No.5.

What did the court decide?

Writ Petitions and pending applications disposed of; DRAT requested to take up the Appeals for final disposal within the next 15 working days; further adjudication of the subject property stayed till then. ¶¶46

Prakaram Land and Development Pvt. Ltd. Vs Bank of Baroda and Ors. — Delhi HC (2025) — LawSathi Research

What the court decided

AI extract

Outcome

¶¶46

Issue for consideration

Whether this Court should adjudicate the present batch of Writ Petitions on merits while the Appeals arising from the four identical DRT-III orders are pending consideration before the DRAT. +1 more

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Court's answer

Since the Appeals are pending consideration before the DRAT, it is not appropriate for this Court to adjudicate the present batch of Writ Petitions on merits.

¶¶41

Ratio / Principle

The DRAT is requested to take up the Appeals for final disposal within a period of next 15 working days, and till then further adjudication of the subject property shall remain stayed.

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Key takeaways

The present batch of Writ Petitions, along with the pending applications, stands disposed of.ratio¶¶46
The DRAT will proceed to decide the pending Appeals uninfluenced by any observations made in this order.obiter¶¶46

Detailed headnote1 paragraphs

Delhi High Court (Anil Kshetarpal and Harish Vaidyanathan Shankar, JJ.) by common order dated 25.09.2025 disposed of a batch of four writ petitions (W.P.(C) 14930, 14931, 14947 and 14983/2025) filed by Prakaram Land and Development Pvt. Ltd., the Auction Purchaser of 7.09 acres (public auction held 04.03.2024, stated to have been confirmed 06.03.2024, entire auction amount deposited), assailing the order dated 16.09.2025 of the DRAT, New Delhi in Misc. Appeal No.170/2015, whereby its application seeking interim relief was declined after the Respondent-Bank's communication dated 28.07.2025 unilaterally cancelled the auction; noting that out of 7.09 acres, 5.3 acres had already been sold by Respondent No.4 to Respondent No.5, and that the Appeals arising from four identical DRT-III orders were pending before the DRAT and fixed for hearing on 03.11.2025, the Court declined to adjudicate the petitions on merits, requested the DRAT to finally dispose of the Appeals within 15 working days, stayed further adjudication of the subject property till then, and observed that the DRAT would decide the Appeals uninfluenced by any observations in this order.

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$~59 to 61 & 64

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IN THE HIGH COURT OF DELHI AT NEW DELHI

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- W.P.(C) 14930/2025, CM APPL. 61486/2025 and CM APPL. 61487/2025

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PRAKARAM LAND AND DEVELOPMENT PVT. LTD.

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.....Petitioner Through: Mr. Anil K Airi, Sr. Adv. along with Mr. Abhishek Batra, Mr. Vishal Tyagi, Mr. Harsh Gautam and Mr. Vishnu Anand, Advs.

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versus

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BANK OF BARODA AND ORS. .....Respondents Through: Mr. Dayan Krishnan Sr. Adv. along with Ms. Saloni Singh and Mr. Anuj Maheshwari, Advs.

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- W.P.(C) 14931/2025, CM APPL. 61488/2025 and CM APPL. 61489/2025

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PRAKARAM LAND AND DEVELOPMENT PVT. LTD.

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.....Petitioner Through: Mr. Sandeep Sethi, Sr. Adv. along with Mr. Abhishek Batra and Mr. Vishnu Anand, Advs.

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versus

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BANK OF BARODA AND ORS. .....Respondents Through: Mr. Kirtiman Singh, Sr. Adv. along with Ms. Ms. Saloni Singh and Mr. Anuj Maheshwari, Advs.

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- W.P.(C) 14947/2025, CM APPL. 61508/2025 and CM APPL. 61509/2025

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This is a digitally signed order.

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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 04/10/2025 at 15:42:54

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PRAKARAM LAND AND DEVELOPMENT PVT. LTD.

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.....Petitioner Through: Mr. Anil K Airi, Sr. Adv. along with Mr. Abhishek Batra, Mr. Vishal Tyagi, Mr. Harsh Gautam and Mr. Vishnu Anand, Advs.

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versus

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BANK OF BARODA AND ORS. .....Respondents Through: Mr. Pallav Saxena, Ms. Saloni Singh and Mr. Anuj Maheshwari, Advs.

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+ W.P.(C) 14983/2025, CM APPL. 61590/2025 and CM APPL. 61591/2025

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PRAKARAM LAND AND DEVELOPMENT PVT. LTD.

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.....Petitioner Through: Mr. Anil K Airi, Sr. Adv. along with Mr. Abhishek Batra, Mr. Vishal Tyagi, Mr. Harsh Gautam and Mr. Vishnu Anand, Advs.

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versus

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BANK OF BARODA AND ORS. .....Respondents Through: Mr. Pallav Saxena, Ms. Saloni Singh and Mr. Anuj Maheshwari, Advs.

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CORAM:

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HON'BLE MR. JUSTICE ANIL KSHETARPAL HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR

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O R D E R % 25.09.2025

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The present batch of Writ Petitions assails the correctness of

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This is a digitally signed order.

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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 04/10/2025 at 15:42:54

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order dated 16.09.2025 passed by the Debts Recovery Appellate Tribunal, New Delhi [hereinafter referred to as “DRAT”] in Misc. Appeal No.170/2015 captioned Prakaram Land and Development Pvt. Ltd vs. Bank of Baroda & Ors ., and is being disposed of by this common order.

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Four identical orders were passed by the Debts Recovery Tribunal-III, Delhi [hereinafter referred to as „DRT‟] against which Appeals are pending before the DRAT and are fixed for hearing on 03.11.2025.

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An application seeking interim relief was filed before the DRAT, which was declined while issuing notice to the newly added Respondent.

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This Court has been given to understand that the newly added Respondent has already been served.

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The Petitioner (common in all four Writ Petitions) before this Court is the Auction Purchaser of the property measuring 7.09 acres, purchased in a public auction held on 04.03.2024, which is stated to have been confirmed on 06.03.2024.

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The Petitioner further submits that the entire auction amount has been duly deposited. 7. This Court has also gone through the communication dated 28.07.2025 issued by the Respondent-Bank, unilaterally cancelling the auction.

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Furthermore, this Court has also been informed that out of the total 7.09 acres of land, 5.3 acres has already been sold by the Respondent No.4 in favour of Respondent No.5.

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Since the Appeals are pending consideration before the DRAT, it would not be appropriate for this Court to adjudicate the present

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This is a digitally signed order.

¶43

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 04/10/2025 at 15:42:54

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batch of Writ Petitions on merits.

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However, since the Petitioner may have some submissions to make, the DRAT is requested to take up the Appeals for final disposal within a period of next 15 working days. Till then, further adjudication of the subject property shall remain stayed.

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Accordingly, the present batch of Writ Petitions, along with the pending applications, stands disposed of. 12. It is needless to observe that the DRAT will proceed to decide the pending Appeals uninfluenced by any observations made in this order.

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ANIL KSHETARPAL, J

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HARISH VAIDYANATHAN SHANKAR, J SEPTEMBER 25, 2025 s.godara/hr

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This is a digitally signed order.

¶50

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 04/10/2025 at 15:42:54

Prakaram Land and Development Pvt. Ltd. v. Bank of Baroda and Ors.

Case brief

What is this about?

What did the court decide?

Prakaram Land and Development Pvt. Ltd. v. Bank of Baroda and Ors.

Case brief

What is this about?

What did the court decide?

Why is it important?

What the court decided

Issues for consideration

Procedural history

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Prakaram Land and Development Pvt. Ltd. Vs Bank of Baroda and Ors.