Registrar noted defects in an appeal filed under Section 18 of the SARFAESI Act regarding delay and missing pleadings, and posted the matter for service of summons.
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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
Diary no.637/2021 Date: 01/ 04 /2022
K. Sai Prasad...………...Appellant
Vs.
City Union Bank Ltd & 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 Mr. Nemani Srinivas .
Scrutiny of the application observed the followings:
The application has been filed on K. Sai Prasad against the order passed by the Ld. Presiding Officer, DRT- Visakhapatnam. Application fees of Rs.18630/- vide T.R. no.115383 dt.08-12-2021 has been paid along with the application.
The case is under the jurisdiction of this Appellate Tribunal.
The Application is not within the period of Limitation but accompanied with a petition for condonation of delay.
The following defects are noted from the Application:
Issue Summons.
Post this matter on 02-05-2022 for filing affidavit of Service of Summons.
REGISTRAR
1 issue framed by the court
Whether the appeal under Section 18 of SARFAESI Act is maintainable despite delay and defects in the application.
1 provisions across 1 enactments
K. Sai Prasad
City Union Bank Ltd & Ors.
As recorded by the court registry
14 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
