Authority: Calcutta High Court (Division Bench)
Order Date: 17 July 2026
Case Overview
- Petitioner: Rajan Lohia (represented by Advocates Debangshu Dinda, Snehal Kakrania, Arnab Kumar Ghosh)
- Respondent: India SMR Asset Reconstruction Co. Ltd.
- The petition is a civil revisional application under Article 227 of the Constitution, seeking direction to the Presiding Officer of Debts Recovery Tribunal‑1, Kolkata, to dispose of Appeal No. 2 of 2022 filed under Section 30(1) of the Recovery of Debts and Bankruptcy Act.
- The appeal has been pending since 2022; a hearing is fixed for 11 August 2026.
- The petitioner argues that further adjournments would be unnecessary and requests disposal within 12 weeks of the next hearing.
Final Outcome
- The Court orders that no notice be served on the opposite party.
- The petitioner’s counsel must forward a copy of the application and the certified copy of this order to the opposite party.
- The Presiding Officer of Debts Recovery Tribunal‑1, Kolkata is directed to dispose of Appeal No. 2 of 2022 as expeditiously as possible, preferably within 12 weeks from the next date fixed, without granting unnecessary adjournments.
- An urgent photostat certified copy of the order shall be supplied to the parties upon compliance with formalities.
Topics: Debt Recovery, Insolvency