B. Bachuppa v. State Bank of India
Case brief
What is this about?
The Appellate Tribunal recorded receipt of an application under Section 18 of the SARFAESI Act, noted ground of limitation and waiver of pre-deposit, and directed issue of summons.
What the court decided
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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
Diary no.118/2022; Date : 04/05/2022
Banne Buchappa.………...Appellant
Vs.
State Bank of India & 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. Nemani Srinivas.
Scrutiny of the application reveals the followings:
The application has been filed on behalf of Banne Buchappa against the order dt. 11.02.2020 in SA/652/2013 passed by the Ld. Presiding Officer, DRT-I, Hyderabad. Application fees of Rs.6,405/- vide T.R. no.115617 dt. 29.04.2022 has been paid along with the application.
The Vakalatnama has been filed by the Ld. Advocate, Mr. Nemani Srinivas.
The case is under the jurisdiction of this Appellate Tribunal.
The Application is not within the period of Limitation but petition for condonation of delay is filed.
Parties & counsel
- appellant
Banne Buchappa
- respondent
State Bank of India & ors.
Case details
As recorded by the court registry
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