The Appellant is a third-party purchaser from the borrower and aggrieved by the order dated 13.10.2023 in Securitisation Application (S.A.) Diary No. 1085 of 2023 on the files of the Debts Recovery Tribunal, Aurangabad (D.R.T.) rejecting to condone 950 days delay in filing the S.A. The Appellants are aggrieved and hence in appeal. The possession of the property is probably being taken over today because of the specific order passed by the Division Bench of the Hon’ble High Court, Bombay Bench at Aurangabad dated 16.06.2022. The Appellants have caused an unreasonable delay in approaching the D.R.T. with the S.A. claiming to exercise the right as a purchaser of the property from the borrower. The Appellants have to exercise their right as a borrower under the Specific Performance Contract Act against the borrower and therefore, the remedy lies elsewhere. Despite knowing the proceedings against the property, the Appellants have caused a reasonable delay of 950 days which was rightly declined to be condoned by the D.R.T. vide impugned order. I find no
