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...proceeding pending in the DRT and stated vide the aforesaid letter dated 11-11-2009 that nothing was due from the respondents to the Bank. An application filed by Respondent 1 for compounding of offences...were deposited by the respondents and acknowledged by the Bank vide letter dated 11-11-2009. Thereafter the Bank released the securities and guarantees of the respondents, withdrew the recovery...
...subject of a debt recovery proceeding before the DRT, Chandigarh.3. Ever since, he has been filing similar petitions calling in question the conduct of employees of the DRT as well as...
.../2021 by the Debt Recovery Tribunal (Ernakulam). The proceeding of the Debt Recovery Tribunal (DRT) dated 24/03/2021 has been produces Ext.P3.
2. I have heard Adv. P. Samsudhin, on behalf...learned counsel for the respondent submitted that petition has filed a restoration petition before the DRT and the same is pending consideration. It was further pointed out that after filing the...restoration petition, it was not proper to invoke the jurisdiction of this court.
4. Having regard to the fact that the restoration petition is pending consideration before the DRT, the...
..., 1993 against the order dated 17.02.2025 passed by learned Recovery Officer, DRT-2, Mumbai and Recovery Proceeding No.709 of 2004 and prays for setting aside that order declaring that to be illegal...Recovery Officer, DRT-2 Mumbai passed in Recovery Proceeding No.709 of 2004 while discharging his judicial functions.
6. Considered the submissions of both the learned...
Before Harish Kumar Kaushik, Presiding Officer DRT-II, Mumbai
Order
In...
...
passed below Exhibit 16 in Recovery Proceeding No.41 of 2008 by the
Recovery Officer-II DRT, Aurangabad and also for staying and
suspension of the said orders.
2. The...
IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD
(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)
ORDER SHEET
[SBJ] (Appeal No.7/2015) Page...appellant bank also prayed for restraining the Recovery Officer I
from hearing and passing orders on the matter i.e. objection petitions
filed by the advocate for appellant in various...
...petitioner but there is cash credit outstanding, the account in which has became a Non-performing Asset (NPA). Recovery proceeding has been initiated before the Debt Recovery Tribunal (DRT) against petitioner...(O.A. no. 346 of 2020).
2. On query from Court he submits, the title deed was not part of the security for recovery of outstanding in the cash credit facility but his client has...
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...challenging the order dated 27.07.2023
as well as the order dated 19.09.2023 passed by
the Debts Recovery Tribunal (DRT) Lucknow, in a
proceeding initiated and pending under Section 17
of The Securitisation...Constituted Attorney Mr. Bobby Seth
Respondent :- Debt Recovery Tribunal,Lucknow
And 3 Others
Counsel for Petitioner :- Prashant Kumar
Srivastava
Counsel for Respondent :- Apoorv Dev,Prashant
Kumar...the
SARFAESI Act against any order made by the DRT
under Section 17 of the SARFAESI Act. The said
remedy is not confined to final order alone as the
specific words "any order" is used in section 18...
..., DRT-I, Ahmedabad in Recovery Proceedings No. 660 of 2018. It was further prayed to set aside the order dated 07.04.2022 passed by the Recovery Officer, DRT-I, Ahmedabad in the same recovery...and learned advocate Mr. Arjun Joshi for respondent no.9.
2. What was prayed in this petition was to set aside the order dated 05.03.2002 passed by the Recovery Officer...proceeding.
Page 1 of 3
3. Notice was issued by this Court on 28.04.2022. By order dated 02.05.2022, following order was...
...account has become an NPA account and bank has started recovery proceeding in DRT, High Court as well as in Civil Court. The PIO has stated appellant has secured all statements and other papers through...
...filed a recovery proceeding before the DRT, Jabalpur, the dispute is purely of civil nature as there is legal liability to refund the credit limit extended in favour of the Applicant and conclusion of...
...issuing the recovery certificate by the Presiding Officer to transfer the recovery certificate for execution before the DRT, Pune the office of DRT-II should not have sent the execution proceeding...filed against the order dated 11.7.2007 passed by the in-charge Presiding Officer, DRT-II, Mumbai. Though the appeal filed before the DRT-II, Mumbai against the order of the Recovery Officer was...allowed the matter has been taken in appeal to this Tribunal because according to the appellants despite the appellants raising the point of jurisdiction of the Recovery Officer attached to the DRT-II...
...the matter was sub-judice the information was denied to the appellant. Besides, they informed that expenses made during the recovery proceeding before the DRT was available with them but the...in respect of the account of the said company during the recovery proceeding before the DRT was available with them. In view of the above, the respondent is directed to revisit the RTI application and...
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..., this Tribunal has issued letter marked Exh. 64 dated 14/07/2015 to The Recovery Officer, DRT, Hyderabad and requested to filed the status of the proceeding. Later on 08/09/2015 the reminder was also...R.P. 15 / 2011 (Exh.01) (Indian Bank V/s Shri Sai Priya Farms Pvt. Ltd. & other)
1) Present Recovery Proceeding...is received for execution of the Recovery Certificate / Special Darkhast from Special Civil Suit No. 143/93 passed by Jt. Civil Judge S.D. Aurangabad. The Recovery Proceeding is against the...
...Certificate Proceeding, 1963, were made applicable to the Recovery proceeding under DRT Act only for the purpose of a fair and transparent procedure to be adopted by the Recovery Officer in the matter of...in arbitrariness. It was only to regulate the proceedings the relevant Recovery Rules under the Income Tax Act were made applicable to a Recovery proceeding under the DRT Act. The various other...limitation and therefore, the Recovery Officer is precluded from proceeding with the sale.Additional Questions raised in W.P No. 6740/2010:11. The order of attachment...
...of the recovery proceeding being R.P. No. 10 of 2015 from DRT Kolkata to the DRT Guwahati and also to stay the execution proceeding with regard to the property situated at Tinsukia, Assam...injunction restraining respondent no.1 to deal with the property situated at Tinsukia in Assam arising out of execution proceeding being no. RP 10 of 2015 pending before the Recovery Officer, DRT-1...matter, the recovery proceeding may be transferred to DRT, Guwahati.
10. I do not find any force in the argument. Issue of jurisdiction is being challenged by the...
...O.P (DRT) seeking a direction to the respondent bank to refrain from proceeding further with recovery proceedings pending disposal of the O.As before the Debt Recovery Tribunal, and also for a direction...recovery against the petitioners pending disposal of the O.As before the Debt Recovery Tribunal. Taking note of the said submission of counsel for the respondent bank, I dispose the O.P (DRT) with the...issues are not being decided in this original petition and the petitioners are free to agitate the said issues before the Debt Recovery Tribunal in the O.As referred to above.2. The O.P (DRT) is closed as above....