LAWS(UTN)-2021-12-127

ANKIT MALHOTRA Vs. RELIANCE HOME FINANCE LTD

Decided On December 21, 2021
Ankit Malhotra Appellant
V/S
Reliance Home Finance Ltd Respondents

JUDGEMENT

(1.) Petitioner is aggrieved by a notice issued against him under Sec. 13(4) of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. According to him, Debts Recovery Tribunal, Dehradun is sitting only on Fridays', that too virtually and since the file has to go for sanitization, thus grant of immediate relief is not possible, therefore, petitioner has approached this Court.

(2.) Learned counsel for the petitioner submits that he will file Securitization Application on or before 31/12/2021.

(3.) Having regard to the facts and circumstances of the case, it is provided that till 14/1/2022, no coercive action shall be taken against the petitioner.