In Brief
The appellant sought to challenge a Section 13(2) notice issued by a bank under the SARFAESI Act before the Debt Recovery Tribunal, but was delayed by 14 days. The DRT refused to condone the delay. The Supreme Court allowed the appeal and condoned the 14-day delay, holding that in light of all circumstances and the passage of approximately four years, the interests of justice warranted permitting the appellant to pursue his objection on the merits. The Court set aside the High Court's decision and directed the DRT to dispose of the matter expeditiously within two months."
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