MATTERS UNDER ARTICLE 227 No. 24 of 2026 at Lucknow

A.F.R. HIGH COURT OF JUDICATURE AT ALLAHABAD LUCKNOW MATTERS UNDER ARTICLE 227 No. - 24 of 2026 M/S Tandon and Company Thru. Proprietor Ravi Tandon and others …..Petitioner(s) Versus Debt. Recovery Tribunal Lko. Thru. Presiding Officer and another …..Respondent(s) Counsel for Petitioner(s) : Gautam Sadana, Devesh Srivastava Counsel for Respondent(s) : Manu Dixit Court No. - 17 HON'BLE SUBHASH VIDYARTHI, J. 1. Heard Sri Devesh Srivastava and Sri Gautam Sadana, the learned counsel for the petitioners, Sri Manu Dixit, the learned counsel for the opposite party no.2 - HDFC Bank Ltd. and perused the records. 2. The learned counsel for the petitioners have stated that they have erroneously impleaded the DRT as opposite party no.1 to the petition. On their oral request they are permitted to strike out the name of Tribunal from the array of opposite parties in the memo of petition forthwith. 3. By means of the instant petition filed under Article 227 of the Constitution of India the petitioners have challenged the validity of an order dated 10.11.2025, passed by the Debts Recovery Tribunal (hereinafter referred to as ‘the DRT’) in Securitisation Application No.936 of 2024, whereby the DRT