Andhra Bank v. Ms Sri Boyina Ramana Murthy
Case brief
What is this about?
The Debts Recovery Appellate Tribunal at Kolkata received an application under section 18 SARFAESI Act, 2002 filed by Andhra Bank. The Tribunal noted defects including lack of authentication and non-mentioning of bank drafts. The applicant was directed to remove defects within 15 days.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
Appeal no.59/2019; Dt:23/3/2022
Andhra Bank.………...Appellant
Vs.
Boyina Ramana Murthy & ors……….Respondents
Received an application under section 18 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 presented by Ld. Advocate, Mr. P.K. Srivastava.
Scrutiny of the application reveals the followings:
The application has been filed on behalf of Andhra Bank against the order dt.10.06.2019 in SA/144/2018 passed by the Ld. Presiding Officer, DRT, Visakhapatnam. Application fees of Rs.205/- vide T.R. no.113602 dt. 12.07.2019 has been paid along with the application.
The Vakalatnama has been filed by the Ld. Advocate, Mr. P.K. Srivastava.
The case is under the jurisdiction of this Appellate Tribunal.
The Application is well within the period of Limitation.
Issues for consideration
1 issue framed by the court
Whether the appellate application under section 18 of the SARFAESI Act, 2002 suffers from procedural defects such as lack of authentication and missing annexures.
Parties & counsel
- appellant
Andhra Bank
- respondent
Boyina Ramana Murthy & ors
Case details
As recorded by the court registry
All orders in this case
6 orders share this CNR
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