Rajeshwari Raj Medithi v. The Board Of Directors Of Idbi Bank Ltd. Represented By Managing Director And Ceo

1 915 IAL-10574-25.doc

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

BHARAT DASHARATH PANDIT ORDINARY ORIGINAL CIVIL JURISDICTION INTERIM APPLICATION (L) NO.10574 OF 2025 by BHARAT DASHARATH PANDIT Date: 2025.04.09 19:17:55 +0530 IN WRIT PETITION NO. 1110 OF 2025 Rajeshwari Raj Medithi ....Applicant.

In the matter between Rajeshwari Raj Medithi .... Petitioner.

V/s The Board of Directors of IDBI Bank Ltd., represented by Managing Director & CEO & Others.

... Respondents.

Mr. Mathews J. Nedumpara with Ms. Hemali Kurne, Ms. Sweta Dadheech & Ms. Reena Richards i/b Nedumpara & Nedumpara, Advocates for the Applicant/Petitioner.

Mr. Vivek V. Phadke, Advocate for Respondent Nos. 3 and 4. Mr Amir Arsiwala with Ms. Bindu Mehta i/b Mr. Ankur Kumar, Advocates for Respondent No.1.

Ms Uma Palsuledesai, Assistant Government Pleader for Respondent No.7 - State.

**** CORAM :

A. S. CHANDURKAR & M. M. SATHAYE, JJ.

DATE : 9th APRIL, 2025 P.C. :

1] Pursuant to the Order dated 04/04/2025 passed in the present writ petition, the Petitioner had filed Interim Application No.535 of 2025 seeking protection. This Interim Application was considered by the Debts Recovery Tribunal and decided on 05/04/2025. While refusing to grant any interim relief, the Debts Recovery Tribunal has directed that possession of the secured asset should not be taken till today which is 09/04/2025.

BDP-SPS 1/2

2 915 IAL-10574-25.doc 2] Considering the fact that remedy of approaching the Debts Recovery Appellate Tribunal is available to the Petitioner, it is not necessary to enter into the merits of challenge to the order dated 05/04/2025. However, keeping in mind the ensuing public holidays, some breathing time deserves to be granted to the Petitioner to enable her to avail the statutory remedy. Thus, in continuation of the order passed by the Debts Recovery Tribunal, the date for taking possession is re-scheduled to 23/04/2025. In the meanwhile, it is open for the Petitioner to approach the Debts Recovery Appellate Tribunal and seek appropriate relief. All issues on merits are kept open for being raised before the appropriate forum.

3] With the aforesaid directions and observations, the writ petition and the interim application are disposed of. (M. M. SATHAYE, J.) (A. S. CHANDURKAR, J.) BDP-SPS 2/2