In an appeal regarding recovery proceedings, the Debts Recovery Appellate Tribunal (Delhi) listed the matter for settlement on 17.02.2023. The Court issued an interim order continuing a stay pending settlement or arguments on condonation of delay and waiver of pre-deposit conditions.
Interim order to continue.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI
Appeal No.499/20219 Arising out of S.A.No.514/2012(DRT-III,Delhi)
Surjit Singh Bhalla & Ors. Vs Development Credit Bank Ltd.
05.12.2022 Hon’ble Mr. Justice Brijesh Sethi
Present: Mr. Harshit Jain, proxy for Mr. Bhagat Singh, Ld. counsel for appellants along with Mr. Surjit Singh Bhalla, appellant no.1
Mr. Rahul Gupta, Ld.. counsel for respondent bank
This matter has been taken up by me through Video Conferencing.
Learned counsel for appellants states that he has filed an application (No.553/2022) for restraining the bank from taking possession. Learned counsel for respondent states that he has not received the copy of the same. Let copy of the application be supplied to the counsel for the respondent.
List the matter on 17.02.2023 for settlement, failing which for arguments on application (I.A. No.410/2020) for condonation of delay and in appeal, subject to the decision to be taken on the aspect of waiver of the condition of pre-deposit.
Interim order to continue.
(CHAIRPERSON)
-pk
1 issue framed by the court
Whether to grant order of ad interim stay on possession and list matter for settlement.
Surjit Singh Bhalla & Ors.
Development Credit Bank Ltd.
Brijesh Sethi
As recorded by the court registry
11 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
