Sri Bikash Prasad v. Punjab National Bank
Case brief
What is this about?
The Tribunal listed the matter on 21st June 2022 to hear a waiver application. It directed respondent counsel to seek instructions on deposit status and to file rejoinder if no objection to additional time is raised.
What did the court decide?
Two weeks time granted to Appellant for supplementary affidavit; Respondent Bank to confirm deposit status.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
(Diary No. 127 of 2019)
(Arising out of S.A. 40 of 2018 in DRT, Guwahati)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
| 27.04.2022 | Bikash P | rasad | … Appellant |
|---|---|---|---|
| -vs- | |||
| Oriental | Bank | of Commerce & |
|
| Another | |||
| … | Respondents |
Mr. Radhey Shyam Tiwari, Counsel for Appellant
Mr. Omkar Ganguly, Learned Counsel for Respondent Bank
THE APPELLATE TRIBUNAL :
Learned Counsel for the Appellant submits that in the Sale Notice dated 30th December, 2018, at page 139 of Volume-II of the Memo of Appeal, demand for Rs.7,89,010.00 has been made. Learned Counsel further submits that as per para 8 of the Memo of Appeal, Volume-I, an amount of Rs.2.00 lac was deposited by the Appellant in ‘No Lien’ Account. Learned Counsel Respondent Bank submits that he has not been served with the copy of the Memo of Appeal (Volumes-I and II). Copy of the Memo of Appeal be provided to the Learned Counsel for Respondent Bank within a period of three days.
Issues for consideration
3 issues framed by the court
Whether the Appellant was duly served with the copies of the Memo of Appeal.
Whether the Appellant deposited the necessary amount in 'No Lien' Account.
Whether further time should be granted to file supplementary affidavit.
Parties & counsel
- appellant
Bikash Prasad
- respondent
Oriental Bank of Commerce & Another
Coram
Anil Kumar Srivastava
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · April
- CNR
- 191090001272019
- Topic
- Banking and Recovery
All orders in this case
3 orders share this CNR
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