T. Venkatram Reddy And ANR. v. M/S Indiabulls Housing Finance Ltd And ORS.

$~1 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 9618/2018 T. VENKATRAM REDDY AND ANR.

..... Petitioners Through:

Mr. Saurabh S. Sinha and Mr. Aditya Dev Triguna, Advs.

versus M/S INDIABULLS HOUSING FINANCE LTD AND ORS.

..... Respondents Through:

Mr. Ashwini Kumar Mata, Sr. Adv.

with Mr. Shubhanshu Gupta, Mr. Pallav Pandey, Ms. Sonali Jaitely and Mr. Janesh Bakshi, Advs. for R1.

Mr. Ruchir Mishra, Adv. for UOI.

CORAM:

HON'BLE THE CHIEF JUSTICE HON'BLE MR. JUSTICE V. KAMESWAR RAO

O R D E R

% 25.09.2018 Considering the fact that the appeal on merit has been heard by the Debts Recovery Appellate Tribunal (DRAT) and the Appellate Tribunal is likely to decide the same within a short period time, as agreed to by the learned counsel representing the parties, we dispose of the matter with a direction to the parties to maintain status quo with regard to the immoveable properties lying in the premises in question till a final decision is taken by the Appellate Tribunal.

Accordingly, the writ petition stands disposed of. CM. No. 37434/2018 Dismissed as infructous.

CHIEF JUSTICE V. KAMESWAR RAO, J SEPTEMBER 25, 2018/jg