Informative

DRAT Directs Expeditious Disposal Of Main SA, Grants Status Quo Due To Delay In Compliance With Conditional Order

Update / Judgement Date

03 Oct 2025

Source

Taxscan

Author

Sakshi Bhardwaj — WCP Legal Desk

Reading Time

1 min read

BankingInsolvency & Bankruptcy Code

The DRAT ordered expeditious disposal of a securitisation application, granting status quo due to delays in compliance with a conditional order. The ruling emphasises efficiency in debt recovery.

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DRAT Directs Expeditious Disposal Of Main SA, Grants Status Quo Due To Delay In Compliance With Conditional Order

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