Sol Backbay Aqua Limited v. Industrial Investment Bank Of India Ltd.
A compact analysis
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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
(Diary No. 83 of 2019)
(Arising out of O.A. 1832 of 1999 in DRT-1, Hyderabad)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA
CHAIRPERSON
02.09.2022 Sol Backbay Aqua Limited … Appellant -VsIndustrial Investment Bank of India Limited … Respondent Mr. Neeemani Srinivas, Learned Counsel for Appellant
Mr. Soudip Pal Choudhuri with Ms. Saswati Sikder, Learned Counsel for Respondent No. 1/Bank
Mr. Joy Saha, Learned Senior Counsel with Mr. Tanish Ganeriwala, Learned Counsel for Respondent No. 2/Auction Purchaser
THE APPELLATE TRIBUNAL :
Heard the Learned Counsel for the Appellant as well as Respondent No. 2.
As far as order dated 29th June, 2022 is concerned, necessary steps should have been taken by the Appellant for substitution of Respondent No. 1. Copy of the notification is already on record regarding Respondent No. 1.
Parties & counsel
- appellant
Sol Backbay Aqua Limited
- respondent
Industrial Investment Bank of India Limited
Coram
Anil Kumar Srivastava
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · September
- CNR
- 191090000832019
- Topic
- Banking and Recovery
All orders in this case
20 orders share this CNR
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