Lakshmi Venkateshwara Coffe Trading Company v. Hdfc Bank
Case brief
What is this about?
Application to condone 132 days delay in filing appeal against DRT order under SARFAESI Act dismissed as appellants failed to show sufficient cause; vacancy of Chairperson post not a valid excuse for non-filing.
What did the court decide?
Application IA 281/2022 dismissed; Appeal AIR (SA) 101/2022 rejected; costs to both parties.
What the court decided
IA-281/2022 in AIR (SA) 101/2022
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 18th of November, 2022
PRESENT: Hon’ble Mr. Justice S. Ravi Kumar
CHAIRPERSON
IA-281/2022
in
AIR (SA): 101/2022
[SA 588/2016 on the file of DRT-I, Bengaluru)
Between
- M/s. Sri Lakshmi Venkateshwara Coffee Trading Company, J.V. S. Building, A.I.T. Circle, K.M. Road, Jyothinagar, Chikmagalur- 577 102. Rep. by its Proprietor, Mallur Chenegowda Ashok.
- Mallur Chennegowda Ashok, S/o M. S. Chennegowda, Aged about 46 years, J.V. S. Building, A.I.T. Circle, K.M. Road, Jyothinagar, Chikmagalur- 577 102.
Issues for consideration
3 issues framed by the court
Whether delay in filing appeal due to vacancy of Chairperson's post in DRAT can be condoned.
Whether grounds of appeal can be read as part of delay condonation application.
Whether appellants explained delay with proper and convincing reasons.
Parties & counsel
- appellant
M/s. Sri Lakshmi Venkateshwara Coffee Trading Company, Rep. by its Proprietor, Mallur Chenegowda Ashok
- appellant
Mallur Chennegowda Ashok
- respondent
The Authorised Officer, HDFC Bank
- respondent
The Court Commissioner In Crl. Misc. Petition No.58/2016
Coram
Case details
As recorded by the court registry
All orders in this case
10 orders share this CNR
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