DRT Must Decide Recall Plea Before Enforcing Recovery: Karnataka HC

Beenashree & Anr Vs Canara Bank & Ors (Karnataka High Court)

Karnataka HC Stays DRT Auction – Orders No Coercive Steps Until Borrowers’ Recall Plea Is Decided

Background

Petitioners Smt. Beenashree & Sri Bharath P challenged the attachment warrant (12.03.2024) & sale proclamation issued by the Recovery Officer, DRT-II, Bengaluru, in RC No.47/2022 (OA No.972/2019) initiated by Canara Bank for recovery of ₹78,21,900 with interest.

The petitioners contended that they were unaware of the DRT proceedings

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