Gagan Jain & Ors. v. Bank of Baroda & Ors.
Case brief
What is this about?
The High Court allowed an exemption application and disposed of the writ petition filed by auction purchasers challenging orders passed by the DRAT in a bank recovery dispute. The Court directed the petitioners to file an urgency application before the DRAT, mandating the Tribunal to hear the matter within two weeks if urgency is found.
What did the court decide?
Exemption allowed; petitioners permitted to file urgency application before DRAT; DRAT directed to hear urgency application within two weeks if urgency found; present petition disposed of.