Indian Overseas Bank v. Ms Lakshmi Lavanya Cold Storage Private Limited
Case brief
What is this about?
The DRTA Kolkata received an appeal application u/s 18 SARFAESI Act. The tribunal found procedural defects including the non-filing of the notice u/s 13(2) and the certified copy of the order. The applicant was directed to remove defects within 15 days or face rejection.
What did the court decide?
The applicant was directed to remove defects (non-filing of notice u/s 13(2) and order copy) within 15 days; otherwise, the application shall be rejected.