State Bank Of India and Ors. v. Bgm Consortium Ltd. and Others
Case brief
What is this about?
This order acknowledges the appointment of new counsel for the Appellant Bank and grants a two-week extension to file a reply to an objection raised regarding a substitution application under Section 29-A of the SARFAESI Act.
What did the court decide?
Two weeks time granted to file reply to objection.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
(Appeal No. 152 of 2017)
(Arising out of O.A. 215 of 2014 in DRT-1, Kolkata)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
26.08.2022 State Bank of India
… Appellant -vsBGM Consortium Limited & 7 Others … Respondents Mr. Debasish Chakrabarti with Ms. Sharmistha Pal, Learned Counsel for Appellant Bank Mr. Nimish Mishra with Mr. Gaurav Singh and Mr. Ankit Chatterjee, Learned Counsel for Respondents No. 1 to 4
Mr. A.K. Dhandhania with Mr. Soumo Mukherjee and Ms. Sweta Mishra, Learned Counsel for Respondent No. 6
Mr. R.C. Prusti with Mrs. Sukriti Dutta, Learned Counsel for Respondents No. 7 and 8
THE APPELLATE TRIBUNAL :
Mr. Debasish Chakrabarti appears on behalf of the Appellant Bank by filing Vakalatnama; taken on record. Application No. 347 of 2018
This is an application for substitution of Alchemist Asset Reconstruction Company Limited in place of State Bank of India. Objection was field by Respondent No. 6.
Parties & counsel
- appellant
State Bank of India
- respondent
BGM Consortium Limited
Coram
Anil Kumar Srivastava
Case details
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