Ms Mana Enterprise and Ors. v. Punjab National Bank
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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
(Diary No. 508 of 2021)
(Arising out of T.A. 185 of 2001 in DRT, Cuttack)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
27.07.2022 Samant Marine Udyog … Appellant -VsUnited Bank of India … Respondent Mr. A.K. Dhandhania, Learned Counsel Senior Advocate with Mr. Ajit Kumar Mishra and Mr. Abhishek Dey, Learned Counsel for Appellant
Mr. Debasish Chakrabarti with Ms. Sharmistha Pal, Learned Counsel for Respondent Bank
THE APPELLATE TRIBUNAL :
In this matter the main issue to be considered is as to whether the sale proceeds of the secured assets can be considered on account of waiver under Section 18 of the SARFAESI Act 2002. Since similar matters are fixed on 2nd August, 2022, this matter be also listed on the same date.
Opposition filed by Respondent is taken on record. List on 2nd August, 2022.
(Anil Kumar Srivastava,J) Chairperson
Parties & counsel
- appellant
Samant Marine Udyog
- respondent
United Bank of India
Coram
Anil Kumar Srivastava
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