Bank of Maharashtra v. Union Bank of India & Ors.
Case brief
What is this about?
Delhi High Court; Bank of Maharashtra v. Union Bank of India & Ors.; W.P.(C) 15278/2025 & CM APPL. 62609/2025; order dated 06.10.2025; bench: Anil Kshetarpal and Harish Vaidyanathan Shankar, JJ. Petition by second chargeholder bank for retention of Rs.1 crore surplus sale proceeds (auction of House No.999, Sector-9, Urban Estate, Faridabad, in RC No.98/2019 before DRT-II) as FDR pending final adjudication; apprehended release by Recovery Officer, DRT-II to mortgagor on 17.10.2025. Held: PO, DRT-II directed to decide the pending retention application on or before 17.10.2025, failing which to pass appropriate interim order(s); petition disposed of, pending application closed. No statutes or precedents cited.
What did the court decide?
Direction to the PO, DRT-II to take up and decide the Petitioner's pending retention application on or before 17.10.2025, failing which to pass appropriate interim order(s); with this direction the Petition was disposed of and the pending application stood closed.