Disposed

Naveen Kumar v. Union Bank of India

DRT4 Dec 2025SA/1021/2025

Case brief

AI extract

What is this about?

The Tribunal allowed the impleadment application of the auction purchaser in an S.A. challenging recovery proceedings against a bank. The court directed the bank to issue a fresh 10-day notice for physical possession of secured assets and directed the applicant to serve notice on the auction purchaser within a week.

What did the court decide?

Allowed impleadment of auction purchaser; directed respondent bank to give fresh 10 days notice before physical possession of secured assets.

Naveen Kumar versus Union Bank of India — Specific Performance | DRT (2025)

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DEBTS RECOVERY TRIBUNAL LUCKNOW

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Date oforder or proceeding	Orderwith signatureof court	Officeaction taken with date
S.A.No.1021/2025 04.12.2025 SL.No.06 b lb/da	Shri RanaRahul SinghLd.Counselfor theapplicantispresent. Shri Nitesh Kumar Tripathi Ld. Counsel forthe respondent bank ispresent. Ld. Counsel for the applicantis pressinig Diary No.6163 of 2025interim relief application for restraining the respondent bank from taking physical possession of the secured assets scheduled on 08.12.2025 in lieu of notice dated 19.11.2025.Itissubmittedthatinthis case application for impleadment of theauction purchaserisalsopendingontherecord. The impleadment application filedon 18.11.2025 isallowed. The applicant is directed to incorporate thenameof theauctionpurchaserinthe memo of the parties and take stepsfor issuance of noitce. As far as interim relief application is concerned. It is submittedthat inadvertantly,W theapplicantcouldnotfile amendment application challenging the sale and hewillbefilingthe samewithinaweek ofthis order Ld. Counsel for therespondentbank submits that in order dated in orderdated 09.10.2025 it has been wronglyrecorded thatthesale hasbeenproceededbythe respondent bank within limitation is a factual error. The submission was taken onrecord. Itwillbedecidedat thetimeoffinal

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Cont.. ... PageNo.2 S.A.No.1021/2025	hearing of the case. As far as possessionis concerned the respondent bank isdirected to give a fresh 10 days notice beforetaking physical possession of the secured assets andwithina week the applicant isdirected to take steps for service ofnotice uponthe auction purchaser. List this case on 10.09.2026 for final hearing. In case of urgency, parties will beat liberty to file urgency application whenthe occasion arises. Order be uploaded on the Tribunal’s website.
	(Dictated) (Pravas Kumaru„,gh) PresidingOfficer (Mugish)

Cont.. ...
PageNo.2
S.A.No.1021/2025

hearing of the case. As far as possessionis
concerned the respondent bank isdirected
to give a fresh 10 days notice beforetaking
physical possession of the secured assets
andwithina week the applicant isdirected
to take steps for service ofnotice uponthe
auction purchaser.
List this case on 10.09.2026
for final
hearing.
In case of urgency, parties will beat
liberty to file urgency application whenthe
occasion arises.
Order be uploaded on the Tribunal’s
website.

(Dictated)
(Pravas Kumaru„,gh)
PresidingOfficer
(Mugish)

Naveen Kumar v. Union Bank of India

Case brief

What is this about?

What did the court decide?

Naveen Kumar v. Union Bank of India

Case brief

What is this about?

What did the court decide?

What the court decided

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