Madras HC dismisses Challenge against DRAT order Allowing Sale of 42.24 acres by Indian Bank citing Non sale of whole property

The Madras High Court dismissed a challenge against a DRAT (Debt Recovery Appellate Tribunal) order, which allowed "Indian Bank to sell 42.24 acres," citing "non-sale of the whole property." The petitioner argued that the bank should sell the entire property, not just a portion. However, the court found no legal impediment to the bank's decision to sell part of the secured asset to recover its dues, especially if it's a commercially viable approach. This ruling supports banks' discretion in realizing collateral and streamlines recovery proceedings without requiring the sale of an entire, often large, property.