Disposed
Jagannath Mahapraphu LLP v. Ms Jain Steel and Power Ltd.and Ors.
DRATREGULAR APPEAL/44/2021
Case brief
AI extract
What is this about?
In a matter concerning a banking recovery dispute, the tribunal heard arguments regarding the pendency of an appeal and whether a fresh sale auction would occur. Relying on an undertaking from the housing corporation that no fresh notice would be issued, the Chairperson stayed the issuance of such notice until the next listing date.
What did the court decide?
Respondent Nos. 3 and 4 are directed not to issue a fresh sale notice regarding the disputed property until the next date of listing.