DEBTS RECOVERY APPELLATE TRIBUNAL

Appeal No. 26/2019

(Arising out of S.A. no. 65/2017 decided by DRT-II, Delhi)

Karur Vysya Bank Ltd.

......Appellant

Vs.

1. Mrs. Kanchan Wahi.

2. Dewan Housing Corporation ltd.

3. Smt. Ranjit Kaur

4. Shri Prabh Dayal Singh

5. Shri Inder Pal Singh

......Respondents

Dated:10.01.2020

CORAM:- Mr. Justice P.K. Bhasin, Chairperson

Appearances:

Mr. Vijay Kumar, Advocate for the appellant

Mr. Sanjeev Bhandari along with Mr. Ravi Data and Mr. Rajesh Sharma,

Advocate for respondent no. 1

Mr. Himanshu Shukla and Ms. Ayushi Tripathi, Advocate for respondent

no. 2

ORDER

I.A.NO.58/2019

For the reasons given in this application the delay of two days in

filing of this appeal is condoned. This application stands disposed of

accordingly.

APPEAL NO. 26/2019

The appellant bank was aggrieved by the order dated 03.07.2018

passed by the Tribunal below(DRT) whereby the Securitisation

Application filed by the respondent no.1 herein under Section 17(1) of

2 of 13

Appeal No.26/2019

the SARFAESI Act was allowed and the action taken by the appellant

bank under Section 13(4) of SARFAESI Act to recover its dues

amounting to over a