Union Bank of India v. M/S Swastik Copper Pvt. Ltd.
Case brief
What is this about?
The Debts Recovery Appellate Tribunal disposed of an appeal where the appellant bank sought to overcome a status quo order that had halted recovery of dues. The Tribunal directed the District Recovery Tribunal to decide pending appeals and applications within three months.
What did the court decide?
Directed the District Recovery Tribunal to decide the stock appeal and all pending applications within three months of receipt of this order.