Union Bank of India (Corporation Bank of India) v. The Debts Recovery Tribunal No.1
Case brief
What is this about?
Telangana High Court, Writ Petition No.4215 of 2025 (Sujoy Paul, Acting CJ and Renuka Yara, J., decided 14.02.2025): Union Bank of India (merged Corporation Bank) v. Debts Recovery Tribunal No.1, Hyderabad and others - mandamus under Article 226 seeking expeditious disposal of vacate-stay application IA No.143 of 2023 in interim-stay IA No.14 of 2023 in Securitisation Application/Appeal No.2 of 2023 before DRT-I Hyderabad; ex parte interim order dated 17.01.2023; vacation application filed 25.01.2023 pending; writ disposed of with liberty to press the pending IA, Tribunal to decide in accordance with law expeditiously; no opinion on merits; no costs; interlocutory applications closed.
What did the court decide?
Petitioner permitted to press the pending I.A. for vacating the stay before the Tribunal; writ petition disposed of without expressing any opinion on the merits, with no costs, and pending interlocutory applications stood closed.