Appeal filed in 2004. Appellant absent for several hearings. Court refused further adjournment citing long delay and dismissed appeal for default, deeming miscellaneous applications infructuous.
Appeal dismissed for default; miscellaneous applications dismissed as infructuous.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr. Justice Ashok Menon, Chairperson
Appeal No. 106/2004
Between
M/s. K. K. Traders … Appellant/s V/s. Assets Reconstruction Co. (India) Ltd. …Respondent/s Mr. Sachin N. Kaikini, Advocate for the Respondent. Order dated: 05/07/2022:-
There is no representation for the Appellant for the last several hearings. The Appeal is of the year 2004 arising from an original application of the year 2000. There was a direction given to the Appellant to get ready for a hearing at that point in time. The Counsel for the Appellant requested an adjournment on the ground that the negotiations are going on for settling the matter but no settlement has been arrived at yet to the knowledge of the Ld. Counsel appearing for the Respondent who is present.
I find that no further time can be granted to the Appellant since the Appeal is of the year 2004. The Appeal is, therefore, dismissed for default.
All Miscellaneous Applications, if any, are dismissed as infructuous.
Sd/Chairperson
mks-21
1
M/s. K. K. Traders
Assets Reconstruction Co. (India) Ltd.
Ashok Menon
As recorded by the court registry
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