Awaite Properties Pvt. Ltd. v. Il and Fs Financial Services Limited
What the court decided
A compact analysis
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present : Mr. Justice Ashok Menon, Chairperson
I.A. No. 374/2022 (WoD) In
Appeal on Diary No. 733/2022
Between
Awaita Properties Pvt. Ltd. … Appellant/s V/s.
IL& FS Financial Services Ltd. &Ors. …Respondent/s
Mr. Rohit Gupta a/w Mr. MantulBajpaii/b M/s Crawford Bayley& Co., Advocate for the Appellant.
Mr. AnkitLohiyaa/w Mr. SachinChandaranai/b M/s. M.K. Ambalal & Co., Advocate for the Respondent No.1.
-: Order dated: 22/08/2022:-
Heard both sides on the I.A. No. 374/2022 for waiver of mandatory deposit under Sec. 18 of SARFAESI Act.
Post the matter for orders on 30.08.2022.
Issues for consideration
1 issue framed by the court
Whether to grant a waiver of the mandatory deposit under Section 18 of the SARFAESI Act.
Parties & counsel
- appellant
Awaita Properties Pvt. Ltd.
- respondent
IL&FS Financial Services Ltd. &Ors.
Coram
Ashok Menon
Case details
As recorded by the court registry
All orders in this case
3 orders share this CNR
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