Cygnus Investment Finance Pvt. Ltd. v. State Bank of India

IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA

(Appeal No. 04 of 2021)

(Arising out of S.A. No. 113 of 2013 in DRT 3 Kolkata) THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA

CHAIRPERSON

15.09.2022 Cygnus Investment and Finance Pvt. Ltd. … Appellant -VsState Bank of India & Ors ….Respondents Mr. Avoy Naskar, Learned Counsel representing Mr. Mainak Bose, Learned Counsel for the Appellants Ms. Mekhala Kanji, Learned Counsel for the Respondent Bank Mr. D. Basu Roy, Learned Counsel Ms. Sarmistha Poddar, Mr. Gaurav Singh, Learned Counsel for the Respondent No. 2.

THE APPELLATE TRIBUNAL :

Request is made by the Learned Counsel for the Appellant for adjournment which is opposed by the Respondents. Opposition to Appeal is filed by the Bank. Rejoinder if any, be filed within a period of two weeks. As per the orders of the Hon’ble Calcutta High Court passed in C.O. No. 1341 of 2021 and order dated 29^th June, 2022 appeal is to be decided

expeditiously. Record shows that pleadings are complete except for the rejoinder to be filed by the Appellant.

List on 16^th November, 2022 for re-hearing of Appeal as well as waiver application. It is made clear that no adjournment shall be granted on the date fixed. If any adjournment is sought, appeal shall be disposed of on merits.