Allowed
Radja Segar Flore v. Indian Bank
DRTSA/83/2022
Case brief
AI extract
What is this about?
In this SARFAESI application, the Debts Recovery Tribunal allowed the challenge to a possession notice issued by Indian Bank, restoring possession to the mortgagor due to the applicant's non-compliance with a conditional order and the respondent's lack of participation.
What did the court decide?
Possession Notice dated 29.01.2022 set aside; possession restored to mortgagor; interim stay vacated; other IAs closed.