Bombay HC Grants Temporary Protection as DRAT Chairperson Was Unavailable to Hear Restoration Plea

Dipen Dhirajlal Doshi & Anr. Vs Bank of India & Anr. (Bombay High Court) The Bombay High Court heard a writ petition filed by the petitioners, who were a Director of the original borrower and a guarantor, seeking urgent relief in relation to proceedings before the Debts Recovery Appellate Tribunal (DRAT), Mumbai. The petitioners had earlier filed Miscellaneous Appeal (D) No. 2765 of 2024 before the DRAT, Mumbai challenging an order passed by the Debts Recovery Tribunal. On 2 January 2025, the DRAT directed the petitioners to deposit Rs.40 lakh as a pre-deposit before hearing their waiv...