In a second round hearing, the appellate tribunal dismissed the bank's appeal under default for non-appearance. Pending applications and interim orders were closed and vacated.
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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
(Appeal No. 78 of 2018) (Arising out of T.A. 1526 of 2015 in DRT-2, Kolkata)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA
CHAIRPERSON
03.08.2022 Punjab National Bank … Appellant
-Vs-
Axis Bank … Respondent
Ms. Aparajita Rao, Learned Counsel for the Appellant Bank/Punjab National Bank
Mr. Ajit Kumar Mishra with Mr. Abhisek Acharya and Mr. Abhisek Dey, Learned Counsel for Respondent Bank/Axis Bank
THE APPELLATE TRIBUNAL :
The matter is taken up in the second round.
None appears to represent the Appellant. Accordingly, the appeal, being Appeal No. 14 of 2022, (Diary No. 234 of 2021) stands dismissed in default.
Pending I.A.s, if any, also stand closed.
Interim orders, if any, stand vacated.
Copy of the order be supplied to Appellant and the Respondents and a copy be also forwarded to the concerned DRT.
File be consigned to Record room.
Order dictated, signed, dated and pronounced in open Court.
2
(Anil Kumar Srivastava,J) Chairperson
Dated: 3rd August, 2022 11/ac
Punjab National Bank
Axis Bank
Anil Kumar Srivastava
As recorded by the court registry
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