Asset Reconstruction Company(India) Limited v. M/S. General Blends & Spirits and Ors.
Case brief
What is this about?
In Appeal No. 311/2010 before the Debt Recovery Appellate Tribunal, Mumbai, an application for substitution of the appellant Indian Overseas Bank with ARCIL, the assignee of the debt, was allowed. The court directed service of the amended appeal memorandum on the respondents.
What did the court decide?
Allowed substitution of appellant Indian Overseas Bank with ARCIL; directed service of amended appeal memorandum.