Allowed
Sri Kamal Jain and Ors. v. Asset Reconstruction Company (India) Ltd. and Ors.
DRATREGULAR APPEAL/236/2017
Case brief
AI extract
What is this about?
The Debt Recovery Appellate Tribunal allowed an interim application seeking substitution of respondents to reflect the assignment of the loan to Asset Reconstruction Company (India) Limited (ARCIL) by the State Bank of India.
What did the court decide?
Interim application allowed; substitution of respondents No. 2, 3 and 5 for the assigned loan; amendment of cause title directed.