Authority: High Court of Jharkhand at Ranchi
Order Date: 01 October 2026
Case Overview
- Petitioner: Rajan Kumar Gupta, resident of Ranchi, filed writ petition (W.P. No. 7725 of 2026) seeking quashing of the order/judgment dated 31 August 2022 passed by the Debt Recovery Tribunal (DRT), Ranchi in O.A. Case No. 119 of 2021.
- Respondents: Indian Overseas Bank (through its Chairman & Managing Director, Central Officer, Chennai), the Regional Manager of IOB Ranchi, and the Branch Manager of Dumardaga Branch, Ranchi.
- The petitioner alleged that the DRT order was ex‑parte, issued without proper service of notice, violating principles of natural justice.
- The Court observed that the petitioner has a statutory remedy of preferring an appeal against the DRT order before the Debt Recovery Appellate Tribunal (DRAT), Allahabad, and therefore the writ petition cannot be entertained at this stage.
- The Court left the issue of lack of notice to be decided by the DRAT.
Final Outcome
- The writ petition is disposed with liberty to the petitioner to file an appeal before the DRAT, Allahabad; the order dated 31‑08‑2022 remains in force pending that appeal.
Topics: Debt Recovery, Banking Litigation