Development bank has filed civil suit for recovery of amount agaisnt its customer, mean while DCB sold its NPA protfolio to ARCI a compnay registred under Securitization. How ever suit was proceed by DCB without knowladge of ARCIL.- ARCIL by using remiedis of securitization act i.e. 13(2) sold the property. Now deft filed application for addation of parties i.e. arcil purchaser- court allowed n directed to DCB to add- summons issued to ARCIl. deft filed T.I application, application u/Sec 60 of T.P act, and appliation under section 193 of IPC n 340 of Cr.P.C for agasint manager of DCB who lead evidnece.
wht should be done in this situtation.
