The Debt Recovery Appellate Tribunal adjourned the appeal to allow counsels to explore settlement possibilities. The Interim Order dated 19.05.2022 remains in effect until the next date.
The appeal was adjourned for settlement negotiations.
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.
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT : MUMBAI Present : Mr. Justice Ashok Menon, Chairperson
Appeal No. 58/2017
Between
M/s. Super Tyre Remoulding Works, … Appellant/s a Proprietary Concern of Mr. A. Shivan & Anr. V/s. State Bank of India …Respondent/s
Mr. G. R. Kinkhabwala along with Mr. Manmohan Rao, Advocate for Appellant.
Mr. P. Kumar Jain, i/b M/s. Prakash Panjabi & Co., Advocate for Respondent.
Mr. P. S. Gunjal, Advocate for Intervener, Central Excise Department (G.S.T.).
-: Order dated : 16/06/2022 :-
It is submitted by the learned counsel for the Appellants that he is seeking time to settle the matter. The learned counsel for the Bank has to explore the possibility of the settlement of the matter and if settlement is not workable, then the parties are directed to get ready for hearing on the next date of adjournment.
Post on 02.08.2022 for hearing.
Interim order dated 19.05.2022 shall continue till that date.
Sd/Chairperson
dpj-21
1
M/s. Super Tyre Remoulding Works
State Bank of India
Ashok Menon
As recorded by the court registry
8 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
