M/S Bijan Motors And ANR. v. Uco Bank And ANR





































 































































 
 
 

   











 


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2,34 The petitioners, who are borrowers, have approached this Court challenging notices dated 03.05.2021 (Annexure P-2) and 17.09.2021 (Annexure P-3) issued u/s 13(4) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short SARFAESI Act), and order dated 04.04.2022 (Annexure P-4) on various grounds.

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  +      /  , , ,   $+ KANIKA 2025.09.05 15:36 I attest to the accuracy and integrity of this document





































 






























































   

       

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$  Interim relief, if granted, in the present petition, shall continue till the DRT takes fresh decision on the question of interim relief, provided the petitioner approaches the DRT within 30 days, failing which the interim relief shall lose its effect. It is made clear that if petitioners approach the Tribunal within the prescribed stipulated time, then this order shall not prejudice the mind of Tribunal while deciding the question of interim relief, if admissible to the petitioner. We further make it clear that the Tribunal shall decide the request for interim relief strictly on merits of the matter, without being influenced by the fact of petitioner having approached this Court or this Court having passed the present order.

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 KANIKA 2025.09.05 15:36 I attest to the accuracy and integrity of this document