← Library
High Court of DelhiW.P.(C)/17868/2024

Indian Overseas Bank v. M/S Mangal Impex Through Sole Proprietor Mr. Rajeev Agarwal & ORS.

2024-12-23Hon'Ble Ms. Justice Rekha Palli,Hon'Ble Mr. Justice Saurabh Banerjee2 pages

$~120 & 123 * IN THE HIGH COURT OF DELHI AT NEW DELHI W.P.(C) 17834/2024, CM APPL. 75896/2024-Exp INDIAN OVERSEAS BANK .....Petitioner Through:

Mr. Jatan Singh, Sr. Adv. with Mr.

Sagar Aggarwal and Mr. H.C. Suri, Advs.

versus M/S MANGAL ENTERPRISES THROUGH SOLE PROPRIETER MRS. NIDHI AGARWAL & ORS.

.....Respondents Through:

Mr. Sanjeev Bhandari and Mrs.

Priyadarshini Dewan, Advs.

for respondents.

+ W.P.(C) 17868/2024, CM APPL. 76044/2024-Exp INDIAN OVERSEAS BANK .....Petitioner Through:

Mr. Jatan Singh, Sr. Adv. with Mr.

Sagar Aggarwal and Mr. H.C. Suri, Advs.

versus M/S MANGAL IMPEX THROUGH SOLE PROPRIETOR MR.

RAJEEV AGARWAL & ORS.

.....Respondents Through:

Mr. Sanjeev Bhandari and Mrs.

Priyadarshini Dewan, Advs.

for respondents.

CORAM:

HON'BLE MS. JUSTICE REKHA PALLI HON'BLE MR. JUSTICE SAURABH BANERJEE

O R D E R

% 23.12.2024 1.

The petitioner in both the petitions has approached this Court seeking quashing of common order dated 12.12.2024 passed by the learned Debts Recovery Tribunal Delhi (DRT I) in S.A. No. 76/2023 and S.A. No. 38/2023 in W.P. (C) 17834/2024 and W.P (C) 17868/2024 respectively in both the writ petitions before this Court. Vide the impugned order, the learned DRT I has passed interim order qua one of the mortgaged properties 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 30/12/2024 at 12:06:35

at the behest of the applicant therein and finding prima facie illegalities ordered the appellant bank herein not to proceed with the execution of sale order dated 21.11.2024.

2.

At the outset, we have queried the learned senior counsel for the petitioner in both the petitions qua the maintainability of these petitions, especially when the petitioner has admittedly not availed of its statutory remedy of appeal before the learned Debts Recovery Appellate Tribunal (DRAT). He submits that though the petitioner has not challenged the impugned order before the learned DRAT, it has already filed an appeal challenging the earlier orders passed by the learned DRT I. After some arguments, he submits that the petitioner will, therefore, instead of pressing the present petitions, file a fresh appeal(s) before the learned DRAT to assail the impugned order dated 12.12.2024 passed by the learned DRT I. He, however, prays that the learned DRAT be directed to take up the said appeal(s) on an early date.

3.

In the light of the aforesaid, even though we do not find any reason to issue any directions to the learned DRAT for time bound disposal of the appeals which the petitioner proposes to file, we hope that as and when any appeals are preferred by the petitioner, the same will be considered for disposal thereof by the learned DRAT as expeditiously as possible. 4.

In view of the above, both the petitions stand dismissed as not pressed.

REKHA PALLI, J SAURABH BANERJEE, J DECEMBER 23, 2024/bh 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 30/12/2024 at 12:06:35