[Civil Appeal No. 8486 of 2013 arising out of S.L.P. (C) No. 12292 of 2012]. The present appeal depicts a factual score where this Court is constrained to say that delay in disposal of the application by the Debts Recovery Tribunal and the appeal by Debt Recovery Appellate Tribunal have the effect potentiality of creating a corrosion in the economic spine of the country. It exposits a factual expose' which is not only perplexing but usher in a sense of puzzlement which in the ultimate eventuate compels one to ask: "How long can the financial institutions would suffer such procrastination? How far the public interest be put to hazard because of small, and sometimes contrived individual interest? To what extent the defaulters are given protection in the name of balancing the stringent powers vested on the banks and the statutory safegurards prescribed in favour of loanees?
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