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2023 Supreme(Del) 3171

VIBHU BAKHRU, AMIT MAHAJAN
Jayem Auto Industries (p. )Ltd. – Appellant
Versus
Bank of Baroda – Respondent


Advocates appeared:
Mr. Anil Panwar, Ms. Ridhima Mohanty, Mr. Deepanjal Chaudhary & Mr. Tanishq Panwar, Advocates, for the Petitioner.
Mr. R.P. Agrawal & Ms. Snigdha Agrawal, Advocates on behalf of Bank.

JUDGMENT

Vibhu Bakhru, J.

1. The petitioner has filed the present petition impugning an order dated 15.04.2011 passed by the learned Debts Recovery Tribunal-II, New Delhi (hereafter `the DRT') in Original Application (OA) No.54/2002 captioned Bank of Baroda v. M/s Reinz Talbros Ltd. & Ors.. The petitioner also impugns an order dated 08.12.2014 passed by the learned Debts Recovery Appellate Tribunal (hereafter `the DRAT') in Appeal No.449/2012 captioned M/s Jayem Auto Industries (P) Limited v. Bank of Baroda & Ors., whereby the petitioner's appeal against the DRT's order dated 15.04.2011 was disposed of.

2. Respondent no.1 (hereafter `BOB') had filed an Original Application under Section 19 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (now known as Recovery of Debts and Bankruptcy Act, 1993) seeking recovery of the amounts due in respect of financial facilities provided to M/s Reinz Talbros Ltd. (hereafter `the Borrower'). The petitioner was arrayed as respondent no.7 in the said proceedings instituted in the DRT.

3. BOB had proceeded against the petitioner for recovery of amounts, which it claimed were due against certain Bills

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