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Rajesh Sharma And Anr. vs Punjab National Bank And Anr.
2018 Latest Caselaw 7388 Del

Citation : 2018 Latest Caselaw 7388 Del
Judgement Date : 14 December, 2018

Delhi High Court
Rajesh Sharma And Anr. vs Punjab National Bank And Anr. on 14 December, 2018
* IN THE HIGH COURT OF DELHI AT NEW DELHI
%                                 Date of decision: 14th December, 2018

+       W.P.(C) 13534/2018, CM Nos. 52747-52748/2018

 RAJESH SHARMA AND ANR.
                                                               ..... Petitioners
                         Through:      Mr. Kirti Uppal, Sr. Adv. with
                                       Mr. Karan Mehta, Mr. Akhil Sharma
                                       & Mr. Sidharth Chopra, Advs.

                         versus

 PUNJAB NATIONAL BANK AND ANR.
                                                              ..... Respondents
                         Through:      Ms. Sangeeta Sondhi, Adv. with
                                       Mr. Suhil Dalal, Adv. for R-1/PNB
                                       Mr. Sanjeev Sabharwal, Adv. with Mr.
                                       Hem Sabharwal, Adv. for R-2

 CORAM:
 HON'BLE THE CHIEF JUSTICE
 HON'BLE MR. JUSTICE V. KAMESWAR RAO

V. KAMESWAR RAO, J. (ORAL)

CM No. 52748/2018 (for exemption) Exemption allowed subject to all just exceptions. Application stands disposed of.

W.P.(C) 13534/2018

1. This petition has been filed by the petitioners challenging

the order dated December 10, 2018 passed by the DRAT, rejecting

the appeal filed by the petitioners herein.

2. The petitioners herein claims themselves to be the tenants in

respect of two floors of Property No.167, Pocket F-24, Sector-7,

Rohini, New Delhi. It is their case that they have become the

tenants of the respondent No.2 Nakul Chand, who is the borrower of

the respondent No.1 Bank and from whom the respondent No.1

Bank has to recover an amount of `20 Crores odd. As the

respondent No.2 has not paid the Bank's dues, the Bank has taken

steps for possession of the property. The petitioners herein

approached the DRT in an application under Section 17(1) of the

SARFAESI Act. An interim relief against dispossession by

respondent No.1 Bank was prayed for. However, the DRT vide its

order dated November 19, 2018 declined the relief to the petitioners

as they have failed to place on record any proof of their tenancy in

respect of two floors of the property in question.

3. It is the case of the petitioners herein that the tenancy is

from August, 2016 till August, 2025 at a monthly rent of `12,550/-

per month with an escalation clause of 15% every three years.

However, there was no written Lease Agreement executed in

August, 2016 and it was only in April, 2018 they claim that they got

the Lease Deed executed.

4. The petitioners before the Tribunal, sought time for vacating

the two floors by December, 2019, which relief in fact was claimed

in a Civil Suit between the petitioners and the landlord i.e

respondent No.2, even the learned Civil Judge has granted them. In

fact, it appears they also requested that they may be allowed to

vacate the premises by April, 2019.

5. The DRAT rejected the appeal by holding as under:-

"From the submissions having been made before the DRT, it becomes clear that the appellants knew that they have no, prima facie, case in their favour for grant of any interim relief and that is why instead of urging before the DRT that they had a strong case that they could not be dispossessed by the respondent No.1 bank from the tenanted premises, they chose not to press into service any such arguments before the DRT. If the learned DRT has refused to grant time till April 2019 to the appellants to vacate the mortgaged property of respondent No.1, I do not find any illegality having been committed by the DRT justifying any interference by this Appellate Tribunal."

6. Mr. Kirti Uppal, learned Senior Counsel for the petitioners

had made a similar prayer i.e the petitioners be allowed to continue

till March, 2019. We are unable to accept such a prayer when an

amount of `20 Crores is due and payable by the respondent No.2

being the guarantor. Any delay in the Bank proceeding with the

property would not be in public interest.

7. We do not see any reason to accept the only submission

made by Mr. Kirti Uppal for allowing the petitioners in the property

till March, 2019. The writ petition is dismissed. No costs.

CM No. 52747/2018 (for stay)

Dismissed as infructuous.

V. KAMESWAR RAO, J

CHIEF JUSTICE

DECEMBER 14, 2018/ak

 
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