M/S. Metal Closures Pvt. Ltd. v. the Presiding Officer, Debt Recovery Tribunal
Case brief
What is this about?
Metal Closures Pvt Ltd. and others v. The Presiding Officer, Debt Recovery Tribunal, Bangalore and others (State Bank of India - two branches, Punjab National Bank, Corporation Bank, UCO Bank), High Court of Karnataka, Suraj Govindaraj J., oral order dated 09.06.2025 in WP No. 8141 of 2020 (GM-DRT). Petition under Articles 226/227 sought mandamus for time-bound disposal of securitisation application S.A.No.(152/2016)067/2017 pending before the DRT. Dismissed as not pressed on petitioners' memo of 09.06.2025 stating infructuousity. Procedural outcome only; carries no ratio on DRT conduct, delay, or limitation and cites no precedents.
What did the court decide?
Accepting the petitioners' memo dated 09.06.2025 and the submission of their counsel that the writ petition had become infructuous, the Court dismissed the petition as not pressed; no direction was issued to the Debt Recovery Tribunal and no point was adjudicated on merits.