Prashant Sarin and Ors. v. Hdfc Bank
Case brief
What is this about?
The Debt Recovery Appellate Tribunal allowed the appeal filed by Prashant Sarin & Ors. against the dismissal of a condonation of delay application. The Tribunal directed DRT-III to record the Written Statement of defendants upon payment of cost.
What did the court decide?
Appeal allowed; Impugned order dealing with condonation of delay modified; Written Statement directed to be recorded; Cost of Rs. 20,000/- payable to respondent counsel.