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High Court of DelhiW.P.(C)/9964/2019

Mamta Goyal v. Chairperson, Debts Recovery Tribunal, Delhi And ORS.

2019-09-16Hon'Ble Dr. Justice S.Muralidhar,Hon'Ble Mr. Justice Talwant Singh2 pages

$~33 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 9964/2019 MAMTA GOYAL ..... Petitioner Through:

Mr.Vinit Trehan with Mr.Aditya Trehan and Mr.Gagan Narang, Advocates.

versus CHAIRPERSON, DEBTS RECOVERY TRIBUNAL, DELHI AND ORS.

..... Respondents Through:

Mr.Rama Arora with Mr.Rajesh Mishra, Advocates for R2.

Mr.Shiva Laxami, CGSC with Mr.Vinod Tiwari, GP for R4.

CORAM:

JUSTICE S.MURALIDHAR JUSTICE TALWANT SINGH

O R D E R

% 16.09.2019 CM APPL. 41265/2019 (exemption)

1. Allowed, subject to all just exceptions.

W.P.(C) 9964/2019 and CM APPL. 41264/2019 (stay)

2. The Court sees no reason why the Petitioner should bypass the statutory remedy available of an appeal to the Debt Recovery Appellate Tribunal under Section 18 of the Securitization and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (SARFAESI).

3. The Court, therefore, declines to entertain this petition, but leaves it open to the Petitioner to avail the statutory remedy available to him in accordance with law. The pending application is also disposed of. S. MURALIDHAR, J.

TALWANT SINGH, J.

SEPTEMBER 16, 2019 tr