Real Office Spaces LLP v. Federal Bank Ltd. and Ors.
Case brief
What is this about?
In a miscellaneous appeal over a DRT stay application, the Debts Recovery Appellate Tribunal directed the Tribunal to dispose of the urgent application for status quo on the property by the auction purchaser within a reasonable time. No substantive impediment was found; only a direction for expeditious hearing was issued.
What did the court decide?
Directed the DRT to dispose of IA No.2929/2021 by the next date understandable