Rajesh Kumar Mishra v. Bank of Baroda and Ors.
Case brief
What is this about?
The Banking Company (Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest) Act appeal was disposed of. The appeal was dismissed because the underlying stay application remains pending. The court directed the Tribunal to decide the matter within three months and allowed the appellant to file an application if aggrieved.
What did the court decide?
The underlying SARFAESI Act stay application (S.A. No. 70/2021) was directed to be decided by the Tribunal within three months. The appellant was permitted to move an application if aggrieved.