M/S Iifl Home Finance Ltd v. Sagar Aggarwal & ORS.

$~32 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 1492/2026 & CM APPL. 7169/2026 M/S IIFL HOME FINANCE LTD .....Petitioner Through:

Mr. Mukul Bhimani, Adv.

versus SAGAR AGGARWAL & ORS.

.....Respondents Through:

None.

CORAM:

HON'BLE MR. JUSTICE VIVEK CHAUDHARY HON'BLE MS. JUSTICE RENU BHATNAGAR

O R D E R

% 03.02.2026 CM APPL. 7169/2026 1.

Allowed, subject to all just exceptions.

2.

The application stands disposed of.

W.P.(C) 1492/2026 3.

The present writ petition has been filed under Articles 226 and 227 of the Constitution of India seeking issuance of writ in the nature of mandamus directing the Debt Recovery Tribunal - I, Delhi (DRT) to dispose the pending application/securitazation application bearing no. SA/28/2025 filed under section 17 of the SARAFESI Act, 2002, in a time bound manner. 4.

Upon being queried, learned counsel for the petitioners submits that he has not moved a specific urgency application before the DRT for disposal of the aforesaid application, in a time bound manner. 5.

After some hearing, learned counsel for the petitioner prays to withdraw the present petition seeking liberty to move an appropriate application before appropriate authority.

The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 05/02/2026 at 12:41:58

6.

With the aforesaid liberty, the present petition stands disposed. 7.

Pending application also stands disposed of.

8.

Needless to say, if any urgency application is filed, learned DRT shall consider and decide the same expeditiously, in accordance with law. VIVEK CHAUDHARY, J RENU BHATNAGAR, J FEBRUARY 3, 2026/r/nc The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 05/02/2026 at 12:41:58