Rani Gupta v. Corporation Bank And ANR.

$~37 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 6217/2025 RANI GUPTA .....Petitioner Through:

Mr. Alok Saxena & Mr. Saksham Tuli, Advocates versus CORPORATION BANK AND ANR.

.....Respondents Through:

Mr. Samarendra Kumar, Mr. Sandeep Soni, Mr. Vishnu Jaisaval, Mr.

Adarsh Raj Singh, Ms. Priyanka Singh and Mr. Sumit Chanchal, Advocates

CORAM:

HON'BLE MR. JUSTICE SUBRAMONIUM PRASAD HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR

O R D E R

% 09.05.2025 CM APPL. 28423/2025 (Exemption) Allowed, subject to all just exceptions.

W.P.(C) 6217/2025 1.

The present writ petition has been filed by the Petitioner with the following prayers:- "A. Issue an appropriate Writ, direction or order to the Hon'ble Debt Recovery Tribunal - I, to expeditiously conduct and conclude the trial in a time bound manner, preferably within six months in Securitization Application No.310 of 2015 (now T.S.A/48/2022). B. Pass any other further Order(s) as this Hon'ble Court may deem fit in the interest of justice." 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 01/07/2025 at 19:55:48

2.

Learned Counsel for the Respondent No.1/Bank draws the attention of this Court to Section 17(6) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI Act) pointing out that an alternate efficacious remedy is available to the Petitioner.

3.

In view of the above, this Court is not inclined to entertain this writ petition. The petition is disposed of along with pending application(s), if any.

4.

Needless to mention that it is always open for the Petitioner to seek appropriate remedy as available to them under law. SUBRAMONIUM PRASAD, J.

HARISH VAIDYANATHAN SHANKAR, J.

MAY 09, 2025 hsk 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 01/07/2025 at 19:55:48