Debts Recovery Appellate Tribunal, Delhi, directed the appellant to deposit 50% of the demanded amount as pre-deposit under Section 13(2) of the SARFAESI Act by a specified date before the appeal could proceed.
Direction to deposit 50% of Rs.44,87,522/- by 23.09.2022 as pre-deposit under Section 13(2) of SARFAESI Act.
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DEBTS RECOVERY APPELLATE TRIBUNAL, DELHI
Misc. Appeal No.222/2022 Arising out of S.A. No.186/2022(DRT-III, Delhi)
Sunil Dutt Sharma Vs Reliance Home Finance Ltd.
21.09.2022 Hon’ble Mr. Justice Brijesh Sethi
Present: Ms. Divya Upadhyay, Ld. Counsel for appellant.
This matter has been taken up by me through Video Conferencing.
The appellant has not made the pre-deposit. As per the notice under Section 13(2) of the SARFAESI Act, the amount demanded is Rs.44,87,522/-. Let the appellant deposit 50% of the demanded amount in compliance of the condition of pre-deposit by 23.09.2022.
In the meanwhile, issue notice of the appeal to the respondents by all permissible modes for 23.09.2022, subject to the compliance of the condition of pre-deposit.
(CHAIRPERSON)
N
1 issue framed by the court
Whether the appellant must make the pre-deposit before proceeding with the appeal.
1 provisions across 1 enactments
Sunil Dutt Sharma
Reliance Home Finance Ltd.
Brijesh Sethi
As recorded by the court registry
2 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
