Ms Sympoh Marketing Pvt Ltd v. Union Of India And & ORS.

$~4 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 11021/2020 and CM APPL. Nos. 34430/2020 and 33103/2022 MS SYMPOH MARKETING PVT LTD .....Petitioner Through:

Ms. Rashi Bansal, Advocate.

versus UNION OF INDIA AND & ORS.

.....Respondents Through:

Mr. Sanjiv Kakra, Senior Advocate with Ms. Reema Khorana and Mr. Vikash Kumar, Advocates for R3.

CORAM:

HON'BLE MR. JUSTICE VIKAS MAHAJAN % 20.03.2025

O R D E R

1.

Learned counsel appearing on behalf of the petitioner seeks to withdraw the present petition with liberty to approach the learned Debt Recovery Tribunal ('DRT', for short) under Section 17 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 ('SARFAESI Act', for short).

2.

The petition is dismissed as withdrawn with liberty as aforesaid. Learned DRT may take into account the period spent by the petitioner before this Court by way of the present writ petition while dealing with the aspect of limitation.

3.

In the meanwhile, respondent no.3/Bank is directed not to take any coercive action against the present petitioner for a period of three weeks 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 29/03/2025 at 14:48:38

from today.

4.

Needless to state, in case any application is filed by the petitioner before the learned DRT, same will be considered by the learned DRT as expeditiously as possible.

5.

Pending applications also stand disposed of.

VIKAS MAHAJAN, J MARCH 20, 2025/jg 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 29/03/2025 at 14:48:38