Debts Recovery Tribunals and Appellate Tribunals
MR MOHAMMAD IRFAN vs L I C HOUSING FINANCE LTD on 12 March 2026
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DEBTS RECOVERY TRIBUNAL LUCKNOW
<table border="1"><thead><tr><th data-bbox="108 131 288 171">Date of order or proceeding</th><th data-bbox="293 131 751 171">Order with signature of court</th><th data-bbox="768 131 890 171">Office action taken with date</th></tr></thead><tbody><tr><td data-bbox="108 176 288 922">MA No. 20/2026<br/>12.03.2026<br/>SI No. 5</td><td data-bbox="293 176 751 922"><p>Sh. S.M. Furquan Ld counsel for the applicant is present.<br/>Ld counsel for the respondent FI is present.</p><p>Ld counsel for the applicant is moving the present MA for setting aside the auction sale notice dated 11.02.2026 and auction scheduled on 15.03.2026 and for issuance of direction to the respondent FI to comply with the judgment and order dated 11.03.2021 passed in SA No. 363/2020 along with other ancillary reliefs.</p><p>It is pointed out that vide order dated 11.03.2021, this Tribunal has allowed the SA No. 363/2020 and observed that demand notice dated 23.11.2019 and all subsequent action of the bank (including possession notice dated 15.10.2020) are hereby set aside. Respondent FI was given an opportunity to proceed further by issuing fresh demand notice. It is further submitted that in the annexure A-2, sale notice has been annexed and it would be apparent that respondent FI is proceeding on the earlier demand notice and possession notice which have been set <del>ing</del> aside by the Tribunal.</p><p>Ld counsel for the respondent bank submitted that respondent FI has withdrawn the sale notice.</p><p>In view of above facts, the MA is allowed.</p><p>The respondent FI is directed to comply the order dated 11.03.2021 passed in S.A. No. 363/2020. Respondent FI shall be at liberty to proceed as per directions given in the SA No. 363/2020.</p><p>Accordingly, the present MA. No. 20/2026 is allowed and disposed of.</p><p>It is made clear that cost of MA shall not be imposed upon the applicant.</p><p>Record be consigned to record room.<br/>Pending I.As. if any, also disposed off.<br/>Order be uploaded on the Tribunal's website.</p><p>(Dictat<sup>ed</sup>)</p><p>(Pravas Kumar Singh)<br/>Presiding Officer</p><p>(Manoj)</p></td><td data-bbox="768 176 890 922"></td></tr></tbody></table>