M S Karimpur Motor v. State Bank of India
Case brief
What is this about?
Receipt of an application under Section 18 of SARFAESI Act, 2002, filed out of limitation by M/s. Karimpur Motor & 4 Ors. against an order of DRT-2, Kolkata. Pending for admission.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
Dy. No. /662/2022 Date: 28/11/2022
M/s. Karimpur Motor & 4 Ors. Appellant
Versus
Authorized Officer, State Bank of India & Anr. Respondents
Received an application under Section 18 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 presented by Ld. Advocate, Mr. Amit Nath.
Scrutiny of the application reveals the followings:
The application has been filed on behalf of M/s. Karimpur Motor & 4 Ors against the order dated 22/07/2022 passed in IA. No. 1020 of 2022 in S.A. No. 325 of 2022 in DRT-2, Kolkata. Application fees of Rs.205/- vide T.R. No.116433 dt. 28.11.2022 has been paid along with the application.
The Vakalatnama has been filed by the Ld. Advocate.
The case is under the jurisdiction of this Appellate Tribunal.
Application is not within the period of limitation. Delay Petition (IA/442/2022) is filed. Waiver Application (IA/443/2022) is filed.
Parties & counsel
- appellant
M/s. Karimpur Motor & 4 Ors.
- respondent
Authorized Officer, State Bank of India & Anr.
Case details
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