Partly allowed
R N K Industries and Ors. v. State Bank of India and Ors.
DRATREGULAR APPEAL/141/2022
Case brief
AI extract
What is this about?
This is a turning note from the Debts Recovery Appellate Tribunal, Delhi. The court directed the respondent bank not to take any coercive action regarding the property in question as the appellant's son was the successful auction bidder who had deposited the requisite amount. The previously fixed date for hearing is cancelled, and the matter is listed for future arguments.
What did the court decide?
The respondent bank is directed not to take any coercive action qua the property in question. The date already fixed for 01.02.2023 is cancelled.