Overview
- Justice B. M. Shyam Prasad noted common issues with a connected case (WP 3357/2025) and posted the petitions for further hearing on September 15.
- The court directed advocate Chandrakant K. Patil to accept notice on behalf of multiple respondents to streamline the proceedings.
- The petitions seek bank statements detailing dues, periodic interest accruals, credits for recoveries, and asset-by-asset utilisation pursuant to the DRT’s April 10, 2017 amended recovery certificate.
- The petitioners also seek disclosure of original ownership of assets used to satisfy debts and identification of any assets still held by banks but not yet applied toward repayment.
- Claiming over-recovery—₹6,200 crore directed by the DRT versus about ₹10,200 crore realised and a parliamentary reference to ₹14,000 crore—the petitioners ask for an interim freeze on further recovery actions, with no ruling yet on that request.