The Appellate Tribunal dismissed the appeal by Bank of Baroda. The court recorded that a prior order directed the refund of Rs.16,25,50,000 to the Respondent, which the Appellant had complied with.
Appeal dismissed; refund of debt was processed/completed.
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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
(Appeal No. 20 of 2021)
(Arising out of SA. 75 of 2019 in DRT, Cuttack)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
11.07.2022 Bank of Baroda … Appellant -VsTransform Steel Private Limited … Respondent Mr. Dipanjan Datta Learned Counsel for the Appellant.
None for Respondent Bank
THE APPELLATE TRIBUNAL :
Heard the Appellant.
Record shows that Appeal was decided on 7/4/2021 with the direction to the Appellant to refund of an amount of Rs.16,25,50,000/to M/s Transform Steel Private Limited. Thereafter matter was listed for verification of refunded amount.
Learned Counsel for the Appellant submits that in compliance of order of this Tribunal amount has been refunded. None is present for the Respondent.
Accordingly Appeal No.20 of 2021 is dismissed in compliance with and refunded the Debt due.
Copy of this order be uploaded to the website.
File be consigned to Record room.
(Anil Kumar Srivastava,J) Chairperson
Dated: 11th July, 2022 08`/Rc
Bank of Baroda
Transform Steel Private Limited
Anil Kumar Srivastava
As recorded by the court registry
3 orders share this CNR
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