The Debts Recovery Appellate Tribunal, Mumbai, allowed an appeal and stayed further SFAESI measures directed under NCLT orders, noting that the appellants had paid the directed amount by 20.10.2022.
Stay of further SFAESI measures.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr Justice Ashok Menon, Chairperson
Appeal on Diary No. 880/2022
Between
Anil S/o Shantaram Sangtani & Ors. … Appellant/s V/s.
Tata Capital Financial Services Ltd. …Respondent/s
Mr Ajinkya J. Gargey, i/b M/s. A. H. Lohiya, Advocate for Appellants Mr R.L. Motwani, Advocate for Respondent.
-: Order dated: 30/09/2022:-
The amount as directed, has been paid. Therefore, Appellants
are entitled to a stay of the further Sarfaesi measures.
For compliance with the first installment, post on 20.10.2022.
Sd/Chairperson
mks-14
1
Anil S/o Shantaram Sangtani & Ors.
Tata Capital Financial Services Ltd.
Ashok Menon
As recorded by the court registry
13 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
