Debts Recovery Tribunals and Appellate Tribunals
M/S SURENDRA JAISWAL vs BANK OF MAHARASHTRA on 21 July 2026
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Appeal Dy. No. 1989/2025 Date: 21.07.2026
M/s Surendra Jaiswal Vs. Bank of Maharashtra Present: Shri S. S. Nigam, Sr. Advocate assisted by Shri V. K. Shukla, counsel for the appellant, Shri A. C. Thakur, counsel for the respondent-Bank, Heard the learned counsels for the parties.
Learned counsel for the appellant submits that since the securitization application is still pending before the Tribunal below, therefore, a direction may be issued to the Tribunal below to decide the S.A. within the time as stipulated by this Tribunal and till then, the interim relief granted by this Tribunal vide order dated 25.09.2025 may be directed to be operative.
In view of the above, the present appeal stands disposed of with direction upon the Tribunal below to consider and decide the S.A. No. 514/2025, which is stated to be pending, in accordance with law most expeditiously, preferably within three months from the date of production of certified copy of this order. Till the expiry of said period or disposal of the securitization application, whichever is earlier, the interim relief granted by this Tribunal vide order dated 25.09.2025 shall remain operative.
**Justice R. D. Khare** **Chairperson**
Anupam