Case of Mohan Reddy Bhumi Reddy Gari vs STCI Finance Ltd, NCLAT Delhi Judgement Dated 18th November 2025. The appellate tribunal held that the NCLT committed a manifest illegality by failing to ascertain whether Flat No. 2402 was actually attached. Instead of deciding the issue, the NCLT shifted the responsibility onto the financial creditor and placed the burden on the appellant to secure release of the flat through undertakings. It clarified that if the property was indeed attached under the provisional attachment order, then the Supreme Court order would protect such attachment. If the property was not attached, the NCLT had full authority to order its release. It remanded the matter back for fresh adjudication.
