petitioners approached DRT
Chandigarh for appointment of an Officer for giving effect to the order dated
30.01.2015 of this Court. The DRT did not construe ... order dated 30.01.2015, the DRT was not
called upon to exercise any judicial function or to consider
any application pending before it. The DRT
Article 227 of the Constitution of India in order to
oversee the functioning of the Debts Recovery Tribunal and Debts
Recovery Appellate Tribunal in terms ... noted above, impugned order
dated 01.04.2017 (Annexure P-3) passed by the DRT-III is set aside and
SA No.321/2017 is revived
Petitioner-firm requested respondent-
bank for temporarily overdrawing 1.00 crore for smooth functioning of the
firm. There were many communications between the petitioner-firm ... bank submits that
the petitioner is having alternative efficacious remedy to approach DRT
under the Securitisation and Reconstruction of Financial Assets and
Enforcement of Security
