The Debt Recovery Appellate Tribunal granted a final extension of one week for the appellant to deposit the outstanding balance of ₹ 55 lakhs, acknowledging earnest payment attempts despite earlier directions against further adjournment.
Granted one week extension to pay the remaining balance of ₹ 55 lakhs by 12.12.2022.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present : Mr. Justice Ashok Menon, Chairperson
I.A. No. 620/2022 (Extension of Time)
In
Appeal on Diary No. 828/2022
Between
Dilip Damodar Patil … Appellant/s V/s. Hinduja Leyland Finance Ltd. …Respondent/s
Mr Herbert Noronha, Advocate for Appellant.
Mr Sanjay Anubhawane, Advocate for Respondent.
-: Order dated: 02/12/2022:-
The Appellant was directed to deposit a sum of ₹ 1.30 Crores into two installments. The Appellant has paid a total sum of ₹ 75 lakhs and there is still a balance of ₹ 55 lakhs. He was granted time till yesterday for payment of the balance amount. It was made clear no further time would be granted.
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attempt made by the Appellant to pay the amount, the Appellants are granted the last extension of time of one week to pay the balance amount. The balance shall be paid within one week.
Post on 12.12.2022 for reporting compliance regarding the payment.
Sd/Chairperson
psa-11
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Dilip Damodar Patil
Hinduja Leyland Finance Ltd.
Ashok Menon
As recorded by the court registry
2 orders share this CNR
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