Disposed
Union Bank of India v. Ms Model Steels Pvt. Ltd. and Ors.
DRATREGULAR APPEAL/157/2018
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Disposed
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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
(Appeal No. 157 of 2018)
(Arising out of O.A 54 of 2004 in DRT, Visakhapatnam)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
08.07.2022 Andhra Bank … Appellant -VsM/s. Model Steels Private Limited & 5 Others … Respondents Mr. Saunak Sengupta with Ms. Bineeta Mitra, Learned Counsel for the Appellants
Mr. Prem Pothiva with Mr. Shwetank Nigam, Learned Counsel for Respondents No. 5 and 6
THE APPELLATE TRIBUNAL :
At the very outset it would be relevant to mention that the parties in other two appeals, being Appeal No. 158 of 2018 and Appeal No. 159 of 2018, are also same.
In the instant appeal, Appeal No. 157 of 2018, which is preferred against the judgment and order passed by Learned DRT, Visakhapatnam in O.A. 54 of 2004 on 30th May 2018 is under challenge before the Hon’ble High Court Judicature at Hyderabad wherein on 17th July, 2018 an order was passed to maintain status quo as regards possession in relation to the property sold by the Andhra Bank. It was further directed not to register the sale certificate.
In such circumstances, it would be appropriate that the matter should be heard after the writ petition is decided by the Hon’ble High Court.
2
At this stage Learned Counsel for the Appellant submits that he may be permitted to file rejoinder in all the three appeals and further he may be permitted to address on this point.
Matter be listed on 20th September, 2022.
(Anil Kumar Srivastava,J) Chairperson
Dated: 8th July, 2022 08/ac
Andhra Bank
M/s. Model Steels Private Limited & 5 Others
Anil Kumar Srivastava
As recorded by the court registry
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