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Can bank proceed in two parallel methods of auctioning

1. The bank has obtained orders under O.A. against the client. 
2. Bank applied for recovery certificate from DRT recovery officer & obtained.
3. The bank took the physical possession of property for auction by recovery officer. 
4. All of a sudden, bank advertised for auction under rule 8(6) although the client's stay petition is filed in DRT challenging fresh sarfeasi notice issued by bank. Appeal is pending in DRT court.
QUERY: Can bank proceed in two parallel methods of auctioning. One already applying for sale through DRC & also at the same time through SARFEASI under rule 8(6)?
Pls quote any highcourt or supreme court ruling in above query for our clarification and reference. Thanks



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 1 Replies

anubhav Bhatt   25 May 2022

I have a Judgment passed by the Allahabad High Court herein I am counsil of the said case so when you feel free then contact us then I'll elaborate properly about your case.
Advocate Anurag Bhatt
Allahabad High Court
📱 9198889990

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