BRIEF NOTE:-
HEADING:- HIGH COURT DIRECTS THE DRT TO DECIDE THE INTERLOCUTORY APPLICATION PRIOR TO THE FINAL HEARING OF THE MATTER
Matter titled as "S.L.Chopra Vs. IDBI".
- The subject writ petition was filed under Article 226/227 of the Constitution of India, interalia praying that the Hon'ble Court may direct the Respondent Bank (IDBI) to allow the Petitioner to operate his Bank Accounts, as Respondent/IDBI is not letting the Petitioner to operate his Bank Accounts despite withdrawal of the Recovery Certificate and without any subsisting directions by any court of law.
- We also apprised the Hon'ble High Court that we have also preferred an Application before the Hon'ble DRT in the Year' 2017, whereby request to Hon'ble DRT has been made to direct the IDBI to defreeze the Bank Account and allow the applicant/petitioner to operate the same. Submissions were made that the Hon'ble DRT is not deciding the said application and is proceeding ahead with the Final Arguments. Submissions were made that the said Interlocutory application is pending for almost two and a half years but same has not been decided by the Hon'ble DRT.
- The Hon'ble High Court was pleased to direct the DRT to decide the Interlocutory Application i.e. Petitioner's application for defreezing the Bank accounts, prior to final hearing.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.