The appellate tribunal disposed of an appeal seeking urgent relief against a prior tribunal order declining an early hearing date in a securitization application involving a threatened dispossession, which had since not proceeded.
The appeal was disposed of in limine allowing appellants to approach the D.R.T. again upon receiving a notice of dispossession.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present : Mr. Justice Ashok Menon, Chairperson
I.A. No. 62/2024 (WoD) In
Appeal on Diary No. 159/2024
Between
M/s. Dharmalaxmi Marketing & Ors. … Appellant/s V/s.
Axis Bank Ltd. …Respondent/s
Mr. Gaurang Kinkhabwala, Advocate for Appellants.
Mr. Bhavesh Poojary, i/b M/s. MDP Partners, Advocate for Respondent.
The matter is taken up for hearing by way of a praecipe filed by the Appellants for seeking urgent relief.
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Presiding Officer recorded that the possession scheduled on 27.01.2024 has not been taken by the bank and therefore, the S.A. was adjourned to 16.03.2024.
The appeal is disposed of in limine.
psa-09
Sd/Chairperson
2
M/s. Dharmalaxmi Marketing & Ors.
Axis Bank Ltd.
Ashok Menon
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
