M/S.Harshelle Travels v. Capri Global Capital Limited
Case brief
What is this about?
The DRTA dismissed an appeal for non-compliance with the order dated 11.08.2022 requiring the deposit of second installment of Rs.5 Lakhs under a waiver of pre-deposit order.
What did the court decide?
The appeal dismissed; all miscellaneous applications dismissed as infructuous.
What the court decided
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr. Justice Ashok Menon, Chairperson
Misc. Appeal on Diary No. 469/2022
Between
M/s. Harshelle Travels & Anr. … Appellant/s V/s. Capri Global Capital Ltd. …Respondent/s Mr. R.L Motwani, Advocate for Respondent No.1
-: Order dated: 05/09/2022:-
Today there is no representation for the Appellant. Vide order dated 12.08.2022 in I.A. No. 378/2022 i.e. an application for waiver of pre-deposit, the Appellants were directed to deposit a sum of Rs.25 Lakhs in four installments. The first installment of Rs.10 Lakhs has been deposited on time and the compliance is noted on 22.08.2022.
The second installment was to be deposited of Rs.5 Lakhs on or before 01.09.2022. The same has not been complied with. The order dated 11.08.2022 is a self-working one and in case of default in payment of any of the above-referred installments, the Appeal stands dismissed automatically.
Hence, the Appeal stands dismissed for non-compliance with the order dated 11.08.2022.
All Miscellaneous Applications, if any, are dismissed as infructuous.
Issues for consideration
1 issue framed by the court
Whether the appeal should be dismissed due to non-compliance with the waiver of pre-deposit order.
Parties & counsel
- appellant
M/s. Harshelle Travels & Anr
- respondent
Capri Global Capital Ltd.
Coram
Ashok Menon
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · September
- CNR
- 271090004692022
- Topic
- Banking and Recovery
All orders in this case
2 orders share this CNR
- Order 1 · Ashok Menon
- Order 2 — this page · Ashok Menon
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