Allowed
Ms Aar Ess Enterprises v. Punjab National Bank
DRATMISC APPLICATION/128/2022
Case brief
AI extract
What is this about?
In this transfer application, the Debts Recovery Appellate Tribunal allowed the transfer of Second Appeal No. 229/2021 from DRT-III, Delhi to DRT-I, Delhi. This decision followed an auction with no bids and a government notification restricting DRT-III's jurisdiction to cases above Rs. 100 crores.
What did the court decide?
Second Appeal No. 229/2021 pending before DRT-III, Delhi is transferred to DRT-I, Delhi for hearing and disposal.