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Appeal Dy. No. 1444/2023 Date: 29.11.2023
IDFC First Bank Ltd. Vs. M/s Radha Traders & Ors.
Present: Shri Sanjeev Singh, counsel for the appellant,
Shri S. K. Gupta, Advocate has put in appearance on behalf of the respondent no. 4 and seeks time to file his vakalatnama.
Learned counsel for the appellant submits that a direction has been issued by the Tribunal below vide order dated 23.10.2023 to the Bank to handover the vacant possession of the property in question to the S.A.-applicants and also return the sale price deposited by the auction purchaser along with interest @ 9% per annum within 15 days for violation of Rule 8(2) of the Security Interest (Enforcement) Rules, 2002.
Issue notice to the remaining respondents by two modes i.e. Registered Post with A.D. and Speed Post. Steps to be taken by the appellant within a week. Affidavit of service along with tracking report be filed by the next date.
Till the next date, the status quo qua the property in question as it exists today shall be maintained by all the parties.
List this case on 06.03.2024 for service.
Justice R. D. Khare Chairperson
Anupam
IDFC First Bank Ltd.
M/s Radha Traders & Ors.
Justice R. D. Khare
As recorded by the court registry
3 orders share this CNR
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