M/s. National Autowheels Pvt. Ltd. v. Icici Bank Ltd.
Case brief
What is this about?
In a writ petition regarding an application for waiver of pre-deposit, the Debt Recovery Appellate Tribunal adjourned the matter to allow the respondent bank time to file a reply detailing dues and interest. No substantive decision was rendered in this order.
What the court decided
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT : MUMBAI Present : Mr. Justice Ashok Menon, Chairperson
I.A. No. 271/2022 (WoD) In Appeal on Diary No. 542/2022
Between
M/s. National Autowsheels Pvt. Ltd. … Appellant/s V/s. ICICI Bank Ltd. …Respondent/s MrRavindraAdsure along with SidheshwarBiradar and MrYashSonavane, Advocate for Appellant.
Ms. TasneemZariwala, i/b M/s. Vidhii Partners, Advocate for Respondent Bank.
-: Order dated: 12/07/2022:-
Appellant has filed an application for waiver of pre-deposit.
The learned counsel appearing for Respondent Bank seeks time to file a reply to the application.
Respondent Bank shall file its reply stating the exact amount that is due from the Appellant after having adjusted the amounts that have been paid by the Appellant and the interest due as on the date of filing of the Appeal, with an advance copy to the other side.
Post on 14.07.2022 for reply/hearing on I.A. No. 271/2022.
Issues for consideration
1 issue framed by the court
Whether the appellant's application for waiver of pre-deposit requires immediate adjudication or further time for the respondent to file a reply.
Parties & counsel
- appellant
M/s. National Autowsheels Pvt. Ltd.
- respondent
ICICI Bank Ltd.
Coram
Ashok Menon
Case details
As recorded by the court registry
All orders in this case
2 orders share this CNR
- Order 1 — this page · Ashok Menon
- Order 2 · Ashok Menon
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