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Allahabad High Court

MEERA DEVIversusSTATE OF U.P. AND 2 OTHERS

Decided

Holding

The Court directed the Debts Recovery Tribunal to decide S.A. No.602 of 2025 within six months, without deciding the merits of the petition.

Summary

Meera Devi filed a writ petition challenging the securitization proceedings before the Debts Recovery Tribunal (DRT), Allahabad, identified as S.A. No.602 of 2025. She sought a court direction for the DRT to conclude these proceedings expeditiously. The High Court, noting that no further procedural steps such as counter‑affidavit or notice were necessary, disposed of the petition at the admission stage. The Court directed the DRT to decide the securitization matter within six months of receiving a certified copy of the order, after hearing all affected parties. The Court expressly stated that it did not adjudicate the merits of the underlying securitization case.

Issues considered

  • What procedural direction, if any, can the High Court issue to the Debts Recovery Tribunal to expedite pending securitization proceedings?

Subjects

  • securitization
  • Debts Recovery Tribunal
  • writ petition
  • expeditious disposal
  • admission stage
  • jurisdiction

Judgment

                                             HIGH COURT OF JUDICATURE AT ALLAHABAD
                                                             WRIT - C No. - 35435 of 2026

                                    Meera Devi
                                                                                                   .....Petitioner(s)
                                                                         Versus

                                    State Of U.P. And 2 Others
                                                                                                 .....Respondent(s)

                                    Counsel for Petitioner(s)         : Abhishek Kapariya, Shubhankar Singh
                                    Counsel for Respondent(s)         : C.S.C., Krishna Mohan Asthana

                                    Court No. - 9
                                                    HON'BLE ROHIT RANJAN AGARWAL, J.

                                    1. Petitioner claims to have challenged the securitization proceedings
                                    before the Debts Recovery Tribunal, Allahabad through S.A. No.602 of
                                    2025.

                                    2. Present petition has been filed seeking a direction upon Debts Recovery
                                    Tribunal, Allahabad to conclude the securitization proceedings and decide
                                    the S.A. No.602 of 2025 as expeditiously as possible.

                                    3. As no useful purpose would be served in keeping the matter pending or
                                    calling for counter affidavit, or issuing notice to the respondents, at this
                                    stage, the writ petition is being disposed of, at the admission stage, with a
                                    direction upon the Debts Recovery Tribunal, Allahabad to decide the S.A.
                                    No.602 of 2025, in accordance with law, after hearing all affected parties,
                                    preferably within a period of six months from the date of production of
                                    certified copy of this order.

                                    4. With the aforesaid direction, present writ petition stands disposed of.

                                    5. It is made clear that this Court has not adjudicated the case on merit.



                                                                                      (Rohit Ranjan Agarwal,J.)
                                    September 8, 2026
                                    SK Goswami




Digitally signed by :-
SHIVAKANT GOSWAMI
High Court of Judicature at Allahabad


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