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PRASENJIT MANDAL
Sandhya Poddar – Appellant
Versus
Allahabad Bank – Respondent


Counsel for the Parties:
For the Petitioners:Dipak Mukherjee, Rajib Mukherjee, Sanjib K.R. Mukhopadhyay, Sunirmal Khanra, Ms. Kalpita Paul, Advocates.
For the Defendants:D1, D2 & D3, Krishna Krishore Ganguly, Advocate.

JUDGMENT

Prasenjit Mandai, J.—Challenge is to the order dated May 15, 2013 passed by the Hon’ble Chairperson, Debts Recovery Appellate Tribunal in Appeal No.112 of 2013 thereby rejecting the prayer for stopping to sell of the immovable property to be held on June 1, 2013 on the ground that the said appeal was then yet to be admitted and the consideration of pre-deposit etc., under Section 18 (1) of the SARFAESI Act, 2002 has not been decided till then.

2. In a recovery proceeding by a secured creditor against the debtor, the question of title of a third party over the mortgaged property was the subject matter of consideration before the Debts Recovery Tribunal-II, Kolkata. The third party prayed for dismissal of the SARFAESI application pending before the Debts Recovery Tribunal-II, Kolkata and that application was rejected by the learned Tribunal by the judgment and order dated April 2, 2013.

3. Being aggrieved, the third party claiming 50% title over the property, filed an appeal and at the time of admission of the said appeal, the prayer was made for stopping the sale of the mortgaged property claiming 50% ownership of the said property and it was not entertained till then. Bein















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