Malconna Alloys Pvt. Ltd. v. Oriental Bank of Commerce
Case brief
What is this about?
The Debts Recovery Appellate Tribunal at Kolkata received an application under Section 18 of the SARFAESI Act, 2002 filed outside the limitation period without pre-deposit. This order merely noted defects such as missing annexures, issued summons, and adjourned the matter for filing an affidavit for service.
What did the court decide?
Summons issued and matter posted for filing affidavit for service.