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High Court of Punjab and HaryanaCWP/3857/2023dismissed

M/S Kool Kat Ice Cream And Another v. Idbi Bank

2025-08-20The Chief Justice,Mr. Justice Sanjiv Berry2 pages



    

   

    

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:9 ; :0!/  !! "# "$ #$## %&' #('' ")%#( Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short SARFAESI Act). Durind pendency of this Civil Writ Petition, Section 13(4) notice has also been issued. 2.

At the very outset, learned counsel for the petitioner prays for withdrawal of petition (CWP-3857-2023) with liberty to approach the jurisdictional Debt Recovery Tribunal (DRT), by filing application under the SARFAESI Act.

3.

Since the interim relief has already been granted in the present petition, the same will continue till the DRT takes fresh decision on the question of interim relief, provided the petitioner PREETI 2025.08.21 16:52 I attest to the accuracy and integrity of this document



    approach the DRT within 30 days, failing which this interim order shall lose its efficacy.

4.

Without commenting upon the merits of the petition, this petition (CWP-3857-2023) stands disposed of with aforesaid liberty.  :9   :  :

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            PREETI 2025.08.21 16:52 I attest to the accuracy and integrity of this document