M/s Kissan Cold Storage v. City Union Bank Limited
Case brief
What is this about?
This tribunal received an appeal against a DRT order. The registrar noted the appeal was filed beyond the limitation period with a condonation petition, but a waiver application lacked the required predeposit. The matter was to be posted for summons service.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
DY.No. /195/2022 Date: 06/06/2022
M/s. Kissan Cold Storage (a unit of Kissan Rural Warehouse)& Ors.. ...………...Appellants
Vs.
City Union Bank Of India & Anr .……….Respondents
Received an application under section 20 of the Recovery of Debts due to bank and financial institutions Act,1993 presented by Ld. Advocate, Ms. Aparajita Rao.
Scrutiny of the application observed the followings:
The application has been filed on behalf of M/s. Kissan Cold Storage (a unit of Kissan Rural Warehouse)& Ors against the order passed by the Ld. Presiding Officer, DRT2,Hyderabad, order dated 02-11-2021 in OA/326/2019. Application fees of Rs.20505/- vide T.R. no.115687 dt.27-05-2022 has been paid along with the application.
The case is under the jurisdiction of this Appellate Tribunal.
The Application is not within the period of Limitation but accompanied with a petition for condonation of delay.
Issues for consideration
2 issues framed by the court
Whether the application for condonation of delay was filed within the period of limitation.
Whether the application for waiver of deposite was sufficient to discharge the predeposit requirement.
Parties & counsel
- appellant
M/s. Kissan Cold Storage (a unit of Kissan Rural Warehouse)& Ors
- respondent
City Union Bank Of India & Anr.
Case details
As recorded by the court registry
All orders in this case
6 orders share this CNR
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