Through: Sh. Rohit Puri, Advocate.
CORAM:
HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE R.K. GAUBA MR. JUSTICE S. RAVINDRA BHAT %
1. In this writ petition, the Punjab and Sind Bank (hereafter "PSB") is aggrieved by an order of the Debt Recovery Appellate Tribunal ("the Appellate Tribunal") dated 23.03.2011 accepting the First Respondent's (the Minerals and Metals Trading Corporation or "MMTC" hereafter) plea that the mortgage inuring in its favour had to prevail over the PSB's claim in execution of a money decree and directing that proceeds from the sale of a property by the Recovery Officer be used first to satisfy MMTC's claim.