M/ S Shri Krishnan Tradings v. Union Bank of India and Ors.
Case brief
What is this about?
The First Appellate Court allowed the appeal, directing the Debt Recovery Tribunal, Jabalpur to dispose of the pending First Appeal (S.A. No. 96/2022) expeditiously within three months and to maintain the status quo regarding possession for one week if an application is filed immediately.
What did the court decide?
Direction to DRT, Jabalpur to decide S.A. No. 96/2022 within three months; status quo maintained for one week contingent on filing.