Authority: High Court of Judicature at Bombay, Civil Appellate Jurisdiction
Order Date: 09 October 2026
Case Overview
- Petitioner: IDBI Bank Limited; Respondents: Arunkumar Babu Tummala and another.
- The dispute stems from an order dated 10 July 2025 of the Debt Recovery Appellate Tribunal (DRAT) which held that Respondent No.1, as a third party, was not required to make any pre‑deposit and deferred physical possession of the subject property.
- IDBI Bank contended that the interim direction was unjustified and that the DRAT erred in granting it.
- The Court noted that the matter is suitable for examination by the DRAT, with parties allowed to file further affidavits and documents, as indicated in the DRAT order dated 7 July 2025.
Final Outcome
- The Court directs IDBI Bank to file a detailed affidavit and all necessary documents in the pending DRAT appeal within three weeks from 09 October 2026.
- Respondent No.1 (appellant before DRAT) may file a rejoinder affidavit within two weeks of the bank’s filing.
- The DRAT is instructed to dispose of the pending appeal and any applications on its next listing date of 21 January 2027, and in any event within two weeks thereafter.
- All pending applications in this writ petition are hereby disposed of.
Topics: Debt Recovery, Banking Litigation