Mohammad Moinnuddin khan v. PNB Housing Finance Ltd.
Case brief
What is this about?
The Drat disposed of a miscellaneous appeal seeking urgent action regarding an order in a Securitisation Application. It directed the respective Debts Recovery Tribunal to expedite the matter under Section 17 of the SARFAESI Act for a proper Section 18 appeal hearing.
What did the court decide?
Directing the DRT-III, Mumbai to consider the urgency and pass appropriate orders for hearing the application under Section 17 of the SARFAESI Act.