M/ S Aarvanss Buildwell and Infracon LLP v. D R T Lucknow and Ors.
Case brief
What is this about?
This order records the appearance of counsel, acceptance of a supplementary affidavit, and the court's direction to list the appeal for orders, noting the appellant's stand on inapplicable pre-deposit.
What did the court decide?
Case listed before Hon'ble Chairperson on 26.09.2022 for orders pending filing of Vakalatnama and removal of defects.
What the court decided
Appeal Dy. No. 88/2022
(Ms Aarvanss Buildwell and Infracon LLP Vs. D. R. T. Lucknow and Ors.)
Date: 19.09.2022
Shri Sandeep Arora, Ld. Counsel appears and undertakes to file Vakalatnama on behalf of Respondent No. 2 i.e. Kotak Mahindra Bank Ltd.
Ms. Akanksha Mishra, holding brief of Shri Anshul Kumar Singhal, Ld. Counsel for the appellant is present and files Supplementary Affidavit. Defects have been removed.
No pre deposit has been made. Ld. Counsel states that appellant is third party i.e. Auction Purchaser. Hence, condition of pre-deposit is not applicable.
The instant Appeal has been filed under section 17(6) of the SARFAESI Act for direction for expeditious disposal of S.A. No. 423/2021pending before DRT, Lucknow.
List this case before Hon’ble Chairperson on 26.09.2022 for orders.
Registrar
Issues for consideration
1 issue framed by the court
Whether pre-deposit condition is applicable to an appeal filed by a third party i.e. Auction Purchaser under section 17(6) of the SARFAESI Act.
Parties & counsel
- appellant
Ms Aarvanss Buildwell and Infracon LLP
- respondent
D. R. T. Lucknow and Ors.
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · September
- CNR
- 091090000882022
- Topic
- Banking and Recovery
All orders in this case
6 orders share this CNR
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