News

Challenge to shifting Bombays’ Debt Recovery Tribunal reaches Supreme Court

Murali Krishnan

The opposition to the shifting of Debt Recovery Tribunal (DRT) from South Mumbai to Vashi has reached the Supreme Court of India. In a petition filed by the DRT Bar Association (petitioner), a vacation bench of the Supreme Court comprising Justices RK Agarwal and DY Chandrachud today issued notice to the Central government.

Senior Advocate Guru Krishnakumar appeared for the petitioner.

The petitioner has challenged the decision of the Bombay High Court which had dismissed the petition

The petitioner had contended in the High Court that the decision was arbitrary and malafide and would cause considerable hardships and practical difficulties to lawyers and litigants. The Central Government had, however, argued that the decision was taken due to shortage of space in South Mumbai.

The High Court had accepted the submissions of the Centre and dismissed the petition on December 17 prompting the appeal to Supreme Court. When the matter came up for hearing today as item 7, the Bench issued notice to Central government but refused to grant status quo.

The matter has now been posted for hearing on January 9 next year.

Bar and Bench - Indian Legal news
www.barandbench.com