The Tribunal dismissed the appeal automatically due to non-payment of the directed pre-deposit under Section 18(1) of the SARFAESI Act by the prescribed deadline.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present : Mr. Justice Ashok Menon, Chairperson Appeal on Diary No. 586/2022
Between
M/s Hotel Billy International through its prop. … Appellant/s KishorMantri&Ors.
V/s.
Authorized Officer, Punjab National Bank …Respondent/s
Mr. VinayakPalande, i/b M/s. S.C. Legal, Advocate for the Appellant.
-: Order dated: 22/08/2022:-
This Tribunal has directed the payment of pre-deposit under Sec. 18(1) of the SARFAESI Act to be paid on or before 12.08.2022. The office has reported that the order has not yet been complied with.
The order is self-speaking and entails in dismissal of the Appeal automatically. The Appeal, therefore, stands dismissed.
All Miscellaneous Applications, if any, are dismissed as infructuous.
Chairperson
mks-14
1
M/s Hotel Billy International through its prop. Kishor Mantri & Ors.
Authorized Officer, Punjab National Bank
Ashok Menon
As recorded by the court registry
2 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
