Vision Steel Limited and Ors. Vs State Bank of India… — Writ and Judicial Review | Delhi HC (2026)

Vision Steel Limited and Ors. Vs State Bank of India… — Writ and Judicial Review | Delhi HC (2026)

What the court decided

AI extract

Outcome

Petition disposed of with directions (no relief of quashing granted): parties to move an appropriate application before the DRAT for early hearing of Miscellaneous Appeal No. 2251/2025; DRAT to take up the appeal and hear and dispose of it as expeditiously as possible; DRT-III restrained from pronouncing the judgment fixed for 17.01.2026 till disposal of the appeal by the DRAT. Pending applications also stand disposed of; a copy of the Order ordered to be given dasti.

Issue for consideration

Whether the Debts Recovery Tribunal-III, Delhi should be directed to defer/abstain from pronouncing final judgment in T.A. No. 350/2022 until the Petitioners' statutory appeal (Miscellaneous Appeal No. 2251/2025) pending before the DRAT is heard and decided (relief (c); relief (b) sought quashing of the DRT order dated 19.12.2025 reserving the matter for final orders). +2 more

Court's answer

Until the disposal of the petitioners' statutory appeal by the DRAT, the DRT shall not pronounce the judgment in T.A. No. 350/2022 fixed for pronouncement on 17.01.2026.

Ratio / Principle

The parties are directed to move an appropriate application before the DRAT seeking early hearing of the appeal, and upon such application being moved, the appellate authority shall take up the appeal and hear and dispose of it as expeditiously as possible.

Detailed headnote1 paragraphs

Writ petition under Articles 226 and 227 of the Constitution of India by Vision Steel Limited and others against State Bank of India and others, disposed of by the Delhi High Court (Vivek Chaudhary and Shail Jain JJ., 15.01.2026) with directions rather than quashing of any order. Background: the petitioners' statutory appeal (Miscellaneous Appeal No. 2251/2025) against DRT-III's order dated 31.10.2025 rejecting their application under Order IX Rule 7 CPC for recall of the ex-parte proceedings in T.A. No. 350/2022 was pending unheard before the DRAT; a DRAT order dated 10.12.2025 had disallowed the praecipe seeking urgent listing of the appeal, and a DRT-III order dated 19.12.2025 had reserved the matter for final orders, with judgment fixed for pronouncement on 17.01.2026. The petitioners apprehended irreparable loss if judgment were pronounced before disposal of the appeal; respondent's counsel raised no objection to the appeal being heard the next day, and petitioners' counsel concurred. The Court directed the parties to move an appropriate application before the DRAT for early hearing; directed that upon such application the DRAT take up and dispose of the appeal as expeditiously as possible; and directed that, till disposal of the appeal by the DRAT, the DRT shall not pronounce the judgment fixed for 17.01.2026. Pending applications stood disposed of and a copy of the Order was ordered to be given dasti.

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IN THE HIGH COURT OF DELHI AT NEW DELHI

- W.P.(C) 476/2026 & CM APPL. 2336/2026

VISION STEEL LIMITED AND ORS .....Petitioners

Through: Counsel (appearance not given)

versus

STATE BANK OF INDIA AND ORS .....Respondents Through: Mr. Jitendra Kumar, Adv. alongwith Aarav Raj, Adv.

CORAM: HON'BLE MR. JUSTICE VIVEK CHAUDHARY HON'BLE MS. JUSTICE SHAIL JAIN

O R D E R

% 15.01.2026

W.P.(C) 476/2026

The present petition has been filed under Article 226 and 227 of the Constitution of India seeking following reliefs:

a. Issue a writ of certiorari or any other appropriate writ, order or direction calling for the records of Miscellaneous Appeal No. 2251/2025 pending before the Learned Debts Recovery Appellate Tribunal and quash and set aside the order dated 10.12.2025, whereby the praecipe seeking urgent listing of the Petitioners’ statutory appeal was disallowed;

b. Issue a writ of certiorari or any other appropriate writ, order or direction calling for the records ofT.A. No. 350/2022 pending before the Learned Debts Recovery Tribunal-III, Delhi and quash and set aside the order dated 19 .12 .2025, whereby the Learned Tribunal Below proceeded to reserve the matter for final orders during the pendency of the Petitioners' statutory appeal;

c. Issue a writ of mandamus or any other appropriate writ, order or direction directing the Learned Debts Recovery Tribunal-III, Delhi to defer the pronouncement of final orders in T.A. No. 350/2022 till the

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 16/01/2026 at 13:16:28

Petitioners' statutory appeal is heard and decided by the Learned Debts Recovery Appellate Tribunal;

d. Issue an appropriate directions to the learned Debts Recovery Appellate Tribunal to list and hear the Petitioners’ statutory appeal expeditiously, so that the appropriate remedy is not rendered ineffective or illusory”

Learned counsel for the petitioners submits that the Presiding Officer, Debt Recovery Tribunal-III, Delhi, (DRT) has fixed the matter for pronouncement of judgment on 17.01.2026. He contends that the appeal preferred by the petitioners against the order dated 31.10.2025, whereby the learned DRT has rejected the application filed under Order IX Rule 7 CPC for recall of the ex-parte proceedings, is presently pending adjudication before the Debt Recovery Appellate Tribunal (DRAT) and has not yet been heard.

He further submits that in the event the judgment is pronounced by the DRT prior to the hearing and disposal of the aforesaid appeal by the DRAT, the petitioners would suffer irreparable loss and prejudice.

Learned counsel appearing for the respondent submits that he has no objection if the appeal pending before the DRAT is taken up for hearing tomorrow.

Learned counsel for the petitioners also concurs with the said submission.

In view of the above, the parties are directed to move an appropriate application before the DRAT seeking early hearing of the appeal. Upon such application being moved, the appellate authority shall take up the appeal and hear and dispose of the same as expeditiously as possible.

Till the disposal of the said appeal by the DRAT, the DRT shall not pronounce the judgment fixed for 17.01.2026.

With the aforesaid directions, the present petition stands disposed of.

This is a digitally signed order.

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Pending application(s), if any, also stands disposed of.

A copy of this Order be given dasti under the signatures of court master, as requested.

VIVEK CHAUDHARY, J

SHAIL JAIN, J

JANUARY 15, 2026 /rs/tr/kp

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 16/01/2026 at 13:16:28