Sh Neeraj Jaju v. Cholamandalam Investment and Finance Co. Ltd. and Ors.
Case brief
What is this about?
The Appeals Bench of the Debts Recovery Tribunal vide order dated 24.08.2022, hearing an urgent matter via Video Conferencing, addressed allegations of improper possession of auctioned property by the Receiver. The Receiver was discharged, and an auction purchaser was invited as a party to the ongoing appeal.
What did the court decide?
Receiver discharged; notice issued to auction purchaser for 28.09.2022; date of 25.08.2022 cancelled.