Allowed
Mcsys Auto Ancilliaries Pvt. Ltd. v. State Bank of India
DRATREGULAR APPEAL/53/2022
Case brief
AI extract
What is this about?
The Tribunal allowed applications to restore unnumbered appeals against the rejection of appeal filings due to non-compliance of deposit requirements under Section 18(1) of the SARFAESI Act, setting aside the previous order of rejection as deposits were subsequently made.
What did the court decide?
IA 394/2022 and other similar applications allowed; rejection of unnumbered Appeals set aside; office to register Appeals.