Real Estaea
Incorporation and Commercial Laws SINGH & ASSOCIATES

HIGH COURT DIRECTS THE DRT TO DECIDE THE INTERLOCUTORY APPLICATION PRIOR TO THE FINAL HEARING OF THE MATTER

Matter titled as: “S.L.Chopra Vs. IDBI”.



The subject writ petition was filed under Article 226/227 of the Constitution of India, interalia praying that the Hon’ble Court may direct the Respondent Bank (IDBI) to allow the Petitioner to operate his Bank Accounts, as Respondent/IDBI is not letting the Petitioner to operate his Bank Accounts despite withdrawal of the Recovery Certificate and without any subsisting directions by any court of law.

We also apprised the Hon’ble High Court that we have also preferred an Application before the Hon’ble DRT in the Year’ 2017, whereby request to Hon’ble DRT has been made to direct the IDBI to defreeze the Bank Account and allow the applicant/petitioner to operate the same. Submissions were made that the Hon’ble DRT is not deciding the said application and is proceeding ahead with the Final Arguments. Submissions were made that the said Interlocutory application is pending for almost two and a half years but same has not been decided by the Hon’ble DRT.

The Hon’ble High Court was pleased to direct the DRT to decide the Interlocutory Application i.e. Petitioner’s application for defreezing the Bank accounts, prior to final hearing.

About Singh & Associates:


Singh & Associates is an ISO 9001:2008 certified full-service law firm, with its head office in New Delhi. It has a pan-India presence, with offices strategically situated at Gurugram, Mumbai and Bengaluru. The firm has four major Practice Groups viz., Litigation and ADR, Contracts and Transactions, Corporate and Tax and Intellectual Property. Over the years, the firm has created its own niche nationally as well as internationally by providing quality legal services accompanied with excellent turnaround time and competitive fees. With an aim to provide a comprehensive array of services to both domestic and international clientele, the firm has 150 professionals including experienced lawyers (with in-house advocacy expertise), chartered accountants, company secretaries, trademark attorneys, patent agents, engineers and specialized paralegal staff.

For further information regarding our Firm and its areas of practice please visit our website at:
www.singhassociates.in

For more information, contact at:


+91 11-4666 7000
india@singhassociates.in