The tribunal posted an interim application for waiver of deposit and stayed the bank's action to take possession of the secured property pending the hearing.
Stay on taking over possession of the secured property pending hearing of the waiver application.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT : MUMBAI Present :Mr. Justice Ashok Menon, Chairperson
I.A. No. 40/2022 (WoD) In Misc. Appeal No. 14/2022
Between
M/s. Reliable Polyesters Pvt. Ltd. & Ors. … Appellant/s V/s.
Bank of Baroda …Respondent/s
Mr. G. Kinkhabwala along with Ms. Sonali Jain, Advocate for Appellants.
Mrs. Rathina Maravarman, Advocate for the Respondent Bank.
-: Order dated :23/05/2022:-
Respondent Bank has filed Reply to I.A. No. 40/2022.
Post on 25.05.2022 for hearing on I.A. No. 40/2022 i.e. application for waiver of deposit.
Till such time Respondent shall not proceed with the action pertaining to taking over possession of the secured property.
Sd/Chairperson
mks-5
1
M/s. Reliable Polyesters Pvt. Ltd. & Ors.
Bank of Baroda
Ashok Menon
As recorded by the court registry
6 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
