Rashudeen N v. The Authorised Officer, Karamana Co- operative Urban Bank Limited
Case brief
What is this about?
The High Court directed the Debts Recovery Tribunal to dispose of the petitioner's unpublished interlocutory application within one month. Pending such disposal, the Court ordered that all proceedings under the SARFAESI Act against the petitioner be kept in abeyance without expressing any opinion on the merits.
What did the court decide?
Directed the DRT to pass orders on the interlocutory application (Ext.P8) within one month; SARFAESI proceedings stayed in abeyance during that period.