Victory Iron Works Limited v. Canara Bank
Case brief
What is this about?
The Debt Recovery Appellate Tribunal, Kolkata, admitted an application for leave to appeal against an impugned order. The Tribunal noted procedural defects regarding authenticated annexures but posted the matter for filing an affidavit of service of summons.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
DY.No. /99/2022 Date: 04/05/2022
Victory Iron Works Ltd.. ...………...Appellants
Vs.
Canara Bank & Ors ...... .……….Respondents
Received an application under section 20(1) of the Recovery of Debts and Bankruptcy Act,1993 presented by Ld. Advocate, Mr. Debabrata Basu Ray.
Scrutiny of the application observed the followings:
The application has been filed on behalf of Victory Iron Works Ltd against the order passed by the Ld. Presiding Officer, DRT-1, Kolkata, order dated 21-12-2021 in IA/2449/2021 arising out of OA/38/2005. Application fees of Rs.30005/- vide T.R. no.115590 dt.22-04-2022 has been paid along with the application.
The case is under the jurisdiction of this Appellate Tribunal.
The Application is well within the period of Limitation.
The following defects are noted from the Application:
Issues for consideration
1 issue framed by the court
Whether the appeal under Section 20(1) of RDB Act is maintainable regarding service of summons.
Parties & counsel
- appellant
Victory Iron Works Ltd.
- respondent
Canara Bank
Case details
As recorded by the court registry
All orders in this case
12 orders share this CNR
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