Rajesh Pacholi & ANR v. Gic Housing Finance Limited & ORS

$~59 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 13752/2019 RAJESH PACHOLI & ANR ..... Petitioner Through:

Mr.Parmanand Yadav and Mr.Mohit Arora, Advocates.

versus GIC HOUSING FINANCE LIMITED & ORS ..... Respondent Through:

Mr.Rishabh Sahu, Advocate for R-4.

Mr.Devansh Relar and Ms.Gauri Chaturvedi, Advocates for R-5.

CORAM:

JUSTICE S.MURALIDHAR JUSTICE TALWANT SINGH

O R D E R

% 23.12.2019 CM APPL. 55373/2019 (exemption)

1. Allowed, subject to all just exceptions.

W.P.(C) 13752/2019 and CM APPL. 55372/2019 (stay)

2. The challenge in the present petition is to an order of the DRAT which permits the pre-deposit of the security amount to be released to Respondent No.1 subject to terms.

3. Having heard the learned counsel for the Petitioner, the Court is not persuaded that the impugned interim order calls for any interference.

4. The petition is dismissed. The pending application is also disposed of. S. MURALIDHAR, J.

TALWANT SINGH, J.

DECEMBER 23, 2019/pa