Edelweiss Asset Reconstruction Company Ltd Assignee (Formerly Known As M/S Magma Housing Finance Li v. Bharat Bhushan Malik

$~48 * IN THE HIGH COURT OF DELHI AT NEW DELHI + RSA 49/2020 & CM Nos. 9114/2020, 9115/2020 & 9116/2020 EDELWEISS ASSET RECONSTRUCTION COMPANY LTD ASSIGNEE (FORMERLY KNOWN AS M/S MAGMA HOUSING FINANCE LIMITED FOR THE LOAN ACCOUNT IN QUESTIONASSIGNOR) ..... Appellant Through:

Mr.Manish Sharma, Mr.Abhishek Goyal & Ms.Ruchira Singh, Advs.

alongwith Mr.Kamal Kishore, officer of the appellant.

versus BHARAT BHUSHAN MALIK ..... Respondent Through:

None.

CORAM:

HON'BLE MR. JUSTICE NAVIN CHAWLA

O R D E R

% 06.03.2020 The learned counsel for the appellant prays for leave to withdraw the present appeal with liberty to file a Review before the learned Appellate Court as in his submission, the respondent had concealed from the Appellate Court that the respondent has already approached the learned Debt Recovery Tribunal (DRT) under the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (SARFAESI Act) and such proceedings are still pending before the DRT. The appeal is dismissed as withdrawn with liberty as prayed for. Dasti.

NAVIN CHAWLA, J MARCH 06, 2020/rv