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VIKAS GOYAL & OTHERS vs. HDFC BANK LIMITED, & ANOTHER
(Delhi High Court)

Hon'ble Judges:

CHANDRA DHARI SINGH
MANOJ JAIN
Pet. Counsel
Mukul Sharma
Satish Kumar
Anushka Thakur
Res. Counsel
R. Ramachandran
Prateek Dhir

Petitioner / Applicant

VIKAS GOYAL & OTHERS

Respondent HDFC BANK LIMITED, & ANOTHER
Court Delhi High Court
State

Delhi

Date Jan 15, 2025
Order No.

W. P. (C) 462/2025 & CM APPL. 2187/2025

Citation

2025(1) TAXREPLY 12753

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ORDER

ORDER CM APPL. 2188/2025 (Exemption) Exemption allowed subject to just exceptions. The application stands disposed of. W.P.(C) 462/2025 1. The instant petition under Article 226 of the Constitution of India has been filed on behalf of the petitioner seeking the following reliefs: “a) Issue a writ of mandamus or any other appropriate writ, order, or direction to the Debt Recovery Tribunal-II, New Delhi, for expeditious adjudication of Securitisation Application (SA No. 274 of 2023) within a fixed time frame, considering the financial distress and urgency of the Petitioner’s situation; b) Direct the Respondent Bank to release the withheld amount of ₹ 20 lakhs from the sanctioned loan in accordance with the loan agreement, thereby alleviating the financial hardship faced by the Petitioner and facilitating resumption of business operations; c) Direct the Respondent Bank to de-seal and restore possession of the Petitioner’s factory prem....

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