Disposed

Brijesh Kumar v. Idfc First Bank Ltd.

DRT17 Dec 2025SA/1290/2025

Case brief

AI extract

What is this about?

The Debts Recovery Tribunal directed the respondent bank to provide account details for foreclosure within 10 days. The applicant must repay Rs.5.00 Lacs within 10 days to prevent coercive action by the bank. Failure to repay genuine dues will invalidate this order, permitting recovery under SARFAESI and RDDB Acts.

What did the court decide?

Respondent bank to provide account details in 10 days; Applicant to repay Rs.5.00 Lacs in 10 days to restrain coercive action and facilitate foreclosure.

Brijesh Kumar versus Idfc First Bank Ltd. — Specific Performance | DRT (2025)

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ORDER SHEETPage No........

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DEBTS RECOVERY TRIBUNAL, Jabalpur

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S.A. No, 1290 of 2025

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Brijesh Kumar Vs. IDFC First Bank Ltd. Datei 17,12,2025 Serial No.01(Supplementary)

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Hearing through VC

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Called out, Ld, Counsel for the Applicant and Ld. Counsel for Respondent Bank present.

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As per Ld. Counsel for Applicants, the applicant has approached Hon'ble High Court in relation to interim application and Hon'ble High Court had directed for hearlng of the case today. However, no any order of Hon'ble High court is on record.

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The Applicant has moved application for foreclosure of the account. After that the respondent bank has already issued a letter on 14.11.2025 for closure of the account and after that the respondent bank has^become active for physical possession of the secured assets without showing the reason.

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Even though the applicant has already shown his willingness for foreclosure of the account, today Ld, Counsel for Applicants has argued that the applicant shall foreclose the account^{in guestionwithina period} of^{30 daysfrom} today.

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The Respondent bank is directed to^provide whole of the details in relation to account for the^purpose of foreclosure^within a^period of^{10 days from today.}

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The applicant is also directed to repay Rs.5.00Lacs(Rupees^{Five Lacsonly)} within a^period of 10 days from today, subject to the^deposition of^Rs.5.ooLacs, the respondent bank shall not take any^{coerciveactionin relationto physical} possession and shall take action for foreclosure of account as per direction of this order.

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if the Applicant shall fail in rePayment of amount^{duein complete manner} in relation to^genuine dues i,e.^respondent bank^{is also directedto provide} details in^genuine manner not in^{otherwise manner,this order shall haveno} force and the respondent^{bank shall be free to take action for recovery under} SARFAESI Act as well as^{RDDBAct according to law.}

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In the light of above observations,^{the petitionis disposed of accordingly.}

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Interim order, if any, vacated. All interim^{applicationsare disposed off} accordingly.

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v Record be consigned, \1' (Umesh Kumar Sharma) Presiding Officer DRT, Jabalpur, Addl. Charge

Brijesh Kumar v. Idfc First Bank Ltd.

Case brief

What is this about?

What did the court decide?

Brijesh Kumar v. Idfc First Bank Ltd.

Case brief

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What did the court decide?

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