##PAGE1##
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* IN THE HIGH COURT OF DELHI AT NEW DELHI
% Judgment reserved on: 02.12.2025
Judgment pronounced on: 23.12.2025
Judgment uploaded on: 23.12.2025
+ W.P.(C) 18257/2025, CM APPL. 75549/2025, CM APPL.
75550/2025 & CM APPL. 75551/2025
TRUEVALUE MARKETING SERVICES PRIVATE
LIMITED AND ANR. ….Petitioners
Through: Mr. Rajeeve Mehra, Sr. Adv.
along with Mr. Samyak Bilala,
Advocate
versus
UNION OF INDIA & ORS. .....Respondents
Through: Mr. Premtosh K. Mishra,
CGSC along with Mr. Anurag
Tiwari, Mr. Prarabhdh Tiwari
and Mr. Shrey Sharma,
Advocates for R-1/UoI.
Mr. Vipin Jai and Mr. Ujjwal
Goel, Advocates for R-5/BoI
CORAM:
HON'BLE MR. JUSTICE ANIL KSHETARPAL
HON'BLE MR. JUSTICE HARISH VAIDYANATHAN
SHANKAR
J U D G M E N T
ANIL KSHETARPAL, J.
1. Through the present petition, the Petitioners (the Auction
Purchasers of the properties located in Mumbai and Chennai) assail
the correctness of the order dated 08.04.2025 [hereinafter referred to
as ‘Impugned Order’] passed by the learned Presiding Officer, Debts
Recovery Tribunal [hereinafter referred to as ‘DRT’] -II, Delhi against
Signature Not Verified
Signed By:SAVITA
PASRICHA
Signing Date:23.12.2025 W.P.(C) 18257/2025 Page 1 of 13
12:42:06
##PAGE2##which a statutory Appeal is maintainable before the Debts Recovery
Appellate Tribunal [hereinafter referred to as ‘DRAT’].
2. The limited issue before this Court is whether the Petitioners,
despite the availability of a statutory appeal, have been rendered
remediless on account of administrative and procedural impediments,
warranting exercise of writ jurisdiction to facilitate access to the
appellate forum.
3. The Impugned Order primarily:
i. Transferred the execution of the Recovery Certificate dated
29.08.2017 to the Debts Recovery Tribunals in Mumbai and Chennai;
ii. Entertained a Miscellaneous Application (MA) filed by the
Certificate Debtors raising objections with respect to territorial
jurisdiction; and
iii. Issued consequential directions in relation to the pending
recovery proceedings.
FACTUAL MATRIX
4. In order to comprehend the issues involved in the present case,
relevant facts in brief are required to be noticed.
5. The dispute arises out of recovery proceedings initiated under
the RDB Act. An Original Application being O.A. No. 58/2016 was
instituted before the DRT-II, Delhi by the Respondent No. 5/Bank of
India against the Certificate Debtors. Upon adjudication, a Recovery
Certificate dated 29.08.2017 came to be issued.
Signature Not Verified
Signed By:SAVITA
PASRICHA
Signing Date:23.12.2025 W.P.(C) 18257/2025 Page 2 of 13
12:42:06
##PAGE3##6. Pursuant to the issuance of the Recovery Certificate, recovery
proceedings were initiated and registered as RCA No. 260/2017
before the Recovery Officer, DRT-II, Delhi. In the course of
execution, auction proceedings were conducted in respect of certain
immovable properties belonging to the Certificate Debtors. The
auction sale was conducted on 12.02.2020. Petitioner No. 1 emerged
as the auction purchaser in respect of the Mumbai property, while
Petitioner No. 2 emerged as the auction purchaser in respect of the
Chennai property.
7. Following the auction proceedings, various applications and
objections were filed from time to time before the Recovery Officer as
well as before the Presiding Officer, DRT-II. One such application,
being M.A. No. 89/2020, was filed invoking Section 7(2) of the RDB
Act. An order dated 21.01.2021 came to be passed therein by the
Presiding Officer, DRT-II.
8. Aggrieved by the order dated 21.01.2021, miscellaneous
appeals were filed before the DRAT, Mumbai, including Misc. Appeal
Nos. 57/2021, 58/2021 and 67/2021. By order dated 29.04.2024, the
DRAT Mumbai allowed the said Appeals, set aside the order dated
21.01.2021 and directed that M.A. No. 89/2020 be treated as an
Appeal under Section 30 of the RDB Act, subject to compliance with
the statutory requirements.
9. Thereafter, in the recovery proceedings, an application dated
18.09.2024, bearing I.A. Diary No. 394/2024, was filed by the
Certificate Debtors before the Recovery Officer, rais
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