Szf Exports Pvt Ltd And ANR v. Punjab National Bank

$~33 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 8620/2023, CM APPL. 32715/2023 & CM APPL. 32716/2023 SZF EXPORTS PVT LTD AND ANR ..... Petitioners Through:

Mr. Shukla, Adv.

versus PUNJAB NATIONAL BANK ..... Respondent Through:

(Appearance not given)

CORAM:

HON'BLE MR. JUSTICE C.HARI SHANKAR HON'BLE MR. JUSTICE MANOJ JAIN O R D E R (O R A L) % 28.06.2023 per C.HARI SHANKAR, J 1.

This petition was preferred before this Court under Article 226 of the Constitution of India, despite the fact that the petitioner has preferred an appeal against the impugned order dated 22 June 2023 passed by the learned Debt Recovery Tribunal-1 before the learned Debt Recovery Appellate Tribunal (the DRAT). The petitioner nonetheless moved the present writ petition under Article 226 of the Constitution of India as, according to Mr. Shukla, learned Counsel for the petitioner, the learned DRAT is not sitting. 2.

Learned Counsel for the respondents submits, on the other hand, on instructions, that the DRAT is not only sitting but is also W.P.(C) 8620/2023 Page 1 of 2 Signed By:SUNIL SINGH NEGI 13:05:37

disposing of matters.

3.

In view thereof, Mr Kirti Uppal, learned Senior Counsel for the petitioner submits, on instructions, that the petitioner would withdraw the petition and move the learned DRAT to obtain appropriate relief. 4.

Reserving liberty with the petitioner to do so, the petition stands disposed of.

C.HARI SHANKAR, J (VACATION JUDGE) MANOJ JAIN, J (VACATION JUDGE) JUNE 28, 2023 ar W.P.(C) 8620/2023 Page 2 of 2 Signed By:SUNIL SINGH NEGI 13:05:37