The Debts Recovery Appellate Tribunal dismissed Appeal Nos. 281/2016 and 282/2016 for default and adjournment due to the Appellant's absence over several dates and exercise of its liberal judgment.
Appellations dismissed for default. Miscellaneous Applications dismissed as infructuous.
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
M.A. No. 241/2014 (CoD)
In
Appeal No. 281/2016
Between
Invest Asset Securitization & Reconstruction Pvt. … Appellant/s Ltd. V/s. M/s. Sea Oil Mills Pvt. Ltd. …Respondent/s
Ms. Vaishali Bhilare, Advocate for Respondent No.4
And
M.A. No. 240/2014 (CoD) In
Appeal No. 282/2016
Between
Invest Asset Securitization & Reconstruction Pvt. … Appellant/s Ltd.
V/s.
Canara Bank & Ors. …Respondent/s
Ms. Vaishali Bhilare, Advocate for Respondent No.1
-: Common Order dated: 22/12/2022:-
1
Sd/Chairperson
psa-09-10
2
Invest Asset Securitization & Reconstruction Pvt. Ltd.
Sea Oil Mills Pvt. Ltd.
Canara Bank & Ors.
Ashok Menon
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
