In a case that stretches across multiple cities and legal obstacles, Truevalue Marketing Services is fighting a court decision that affects their auction purchases in Mumbai and Chennai. The story involves questions of which court has authority, appeals, and a lot of legal back-and-forth.
Back on 12th February 2020, Truevalue Marketing Services bought properties in Mumbai and Chennai through an auction. This was part of efforts by the Bank of India to get back money from people who owed them. The official document for these efforts was issued on 29th August 2017.
"The auction sale was conducted on 12.02.2020. Truevalue Marketing Services emerged as the auction purchaser in respect of the Mumbai property, while the second petitioner emerged as the auction purchaser in respect of the Chennai property."
The trouble began when the people who owed money questioned whether the Recovery Officer in Delhi had the right to handle the case. On 8th April 2025, the main officer of the Debts Recovery Tribunal (DRT) in Delhi decided to move the case to Mumbai and Chennai. Truevalue wasn't happy with this decision.
Truevalue tried to challenge this decision. They first went to the Debts Recovery Appellate Tribunal (DRAT) in Chennai, but ran into procedural issues. Even though a court order on 18th July 2025 allowed them to file in Chennai, they were told to file in Delhi instead. This back-and-forth continued, with attempts to file appeals in both Chennai and Delhi, but each time they faced problems.
"Truevalue Marketing Services has made repeated and genuine attempts to use their legal right to appeal against the Challenged Order, but have been unable to get their Appeal considered by any Debts Recovery Appellate Tribunal."
On 23rd December 2025, the High Court of Delhi, with Justices Anil Kshetrapal and Harish Vaidyanathan Shankar, acknowledged the difficulties faced by Truevalue. They recognized that despite having the right to appeal, procedural issues had made it impossible for Truevalue to have their appeal heard.
The court decided that Truevalue should be allowed to pursue their appeal within seven days at the appropriate DRAT, which is currently managed by DRAT Kolkata. The court emphasized that the appeal should be considered based on its own merits without being influenced by previous orders.
"Truevalue Marketing Services’ Appeal against the order dated 08.04.2025 is entertained by a competent Debts Recovery Appellate Tribunal within a period of 07 (seven) days."
