The Debt Recovery Appellate Tribunal recorded the readiness of the appellants to deposit Rs.20 Lakhs in other court proceedings and directed that the waiver application be heard afresh, restored, and posted for arguments.
Waiver application to be heard afresh, restored and posted for arguments on 17.08.2022.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
AIR 395/2019
Hotel Seagate & 4 Ors V/S J.M.Financial Asset Reconstruction Co Pvt Ltd & 7 Ors
08/07/2022
Advocate for Petitioners/Appellants filed a Memo along with Order of Hon’ble High Court of Kerala dated 08.06.2022 in WP (C) No. 3892/2021 and submitted that Petitioners/Appellants are ready to deposit Rs.20 Lakhs as per condition imposed by Hon’ble High Court.
Office is to receive the said amount and on receipt of such amount, as Waiver Application has to be heard afresh, restore the Waiver Application and post it for arguments on 17.08.2022.
Sd/Chairperson
Hotel Seagate & 4 Ors
J.M.Financial Asset Reconstruction Co Pvt Ltd & 7 Ors
As recorded by the court registry
28 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
