Mrs. Shobha Thakkar v. Hinduja Leyland Finance Ltd.
Case brief
What is this about?
The court disposed of an appeal filed under the SARFAESI Act against an interim order of the Tribunal. It granted status quo on the property pending a separate application to be filed by the appellant before the Tribunal within a week, while expediting the disposal of the main appeal.
What did the court decide?
Liberty to file application before Tribunal within a week; status quo maintained; main appeal to be decided expeditiously within three months.