Davinder Singh Sapra v. Decent Securities Pvt Ltd

$~20 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 10261/2025, CM APPL. 42660/2025, CM APPL.

42661/2025, CM APPL. 42662/2025, CM APPL. 18393/2026 & CM APPL.31520/2026 DAVINDER SINGH SAPRA .....Petitioner Through:

Mr. Rajeeve Mehra, Sr. Adv. with Ms.Shivika Mehra, Mr. Balraj Singh Malik & Ramniwas, Advs.

versus DECENT SECURITIES PVT. LTD. .....Respondent Through:

Mr. Sanjeev Bhandari & Mr. Amit Dhall, Advs.

CORAM:

HON'BLE MR. JUSTICE VIVEK CHAUDHARY HON'BLE MS. JUSTICE RENU BHATNAGAR

O R D E R

% 11.05.2026 1.

The present writ petition challenges the Order dated 18.07.2025 passed by learned DRAT, Delhi, refusing to entertain the appeal of the petitioner on the ground that the petitioner has not complied with the mandate of Section 18 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (hereinafter referred to as the 'SARFAESI Act'), which requires a borrower to deposit 50% of the debt due from him as claimed by the secured creditor or as determined by the Debts Recovery Tribunal, whichever is less at the time of filing of the appeal before the DRAT.

2.

Heard learned counsel for the parties at length. 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 14/05/2026 at 12:22:39

3.

Learned counsel for the parties admit that the amount required by the Court as per Order dated 19.07.2025, has already been deposited before the Registrar General of this Court. At this stage, the said deposit is sufficient for compliance of Section 18 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI).

4.

In these circumstances, the appeal can be heard by the learned DRAT on merits and decided accordingly.

5.

It is expected that the learned DRAT shall decide the appeal expeditiously.

6.

The amount deposited before the Registrar General would be disbursed, subject to the final orders passed by the learned DRAT. 7.

With the aforesaid directions, the present petition stands disposed of. 8.

Accordingly, pending applications, if any, shall also stand disposed of. 9.

Vide Order dated 19.07.2025, this Court has restrained the receiver from taking physical possession of the property in question. Accordingly, the said interim order is extended till the appeal is decided by the learned DRAT. VIVEK CHAUDHARY, J RENU BHATNAGAR, J MAY 11, 2026/pk/tr 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 14/05/2026 at 12:22:39