Prajakta Makarand Patil v. Encore Asset Reconstruction Company Pvt. Ltd.
Case brief
What is this about?
In this miscellaneous appeal regarding denial of protection to possession of a secured asset, the Debt Recovery Appellate Tribunal directed the lower Tribunal to dispose of the original Securitization Application expeditiously within three months and maintained interim protection.
What did the court decide?
M.D.R.T. to dispose Securitization Application within three months; interim protection to remain in place.