
Case Law Analysis
|Bombay High Court
Section 21 RDDBFI Act | DRAT Must Decide Exemption Applications Before Denying Stay on Possession : Bombay HC, Nagpur Bench
Bombay High Court rules that Debt Recovery Appellate Tribunals cannot reject stay applications on grounds of non-deposit without first adjudicating pending exemption requests. The ruling reinforces natural justice principles, ensuring borrowers retain interim protection during appeal proceedings.
