Axis Bank v. Smt Lavina Murarka and Ors.
Case brief
What is this about?
The Appellate Tribunal disposed of an interim appeal regarding a status quo order without hearing merits, directing the Debts Recovery Tribunal to adjudicate on the merits on the next listed date.
What did the court decide?
Appeal disposed; lower court directed to decide matter on merits by 28.7.2025.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
| Misc. Appeal Diary No. 523 of 2025 (Arising out of I.A. 3110 of 2024 in S.A. 676 of 2024 in DRT-III, Kolkata) |
|---|
| Order No. 03 16.6.2025 Axix Bank … Appellant -Vs- Smt. Lavina Murarka & 2 Others … Respondents |
| Mr. Pankaj Kumar Mukherjee, with Mr. Sayak Ranjan Ganguly, Ms. Benjir Khan and Ms. Chaitali Acharjee, Learned Counsel for the Appellant |
| Mr. Debasish Chakrabarti with |
| Mr. Ramesh Chandra Prusti, |
| Mr. Rudra Dev Bagchi, Ms. Alisha |
| Kar, Ms. Moumita Roy and |
| Mr. Samiddha Mondal, Learned Counsel for Respondents |
THE APPELLATE TRIBUNAL :
For Admission
Mr. Debasish Chakrabarti has put in appearance for the Respondents.
I have heard the Learned Counsel for the parties and perused the records.
Learned Counsel for Appellant would submit that an order dated 19.8.2024 was passed by Learned DRT passing an interim order directing the Bank not to take any coercive steps in respect of the secured property without leave of the Tribunal. The order was challenged by filing Misc. Appeal No. 73 of 2024. Appeal was allowed on 18th March, 2024 and the matter was remanded back to the Learned DRT for
Parties & counsel
- appellant
Axix Bank
- respondent
Smt. Lavina Murarka & 2 Others
Coram
Anil Kumar Srivastava
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · June
- CNR
- 191090005232025
- Topic
- Banking and Recovery
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