Disposed
Toleti Venkateswara Rao and Anr. v. Idbi Bank and Anr.
Case brief
AI extract
What is this about?
The Debt Recovery Appellate Tribunal, Kolkata, received an appeal under Section 20 of the Recovery of Debts due to Banks and Bankruptcy Act, 1993. The Tribunal noted jurisdiction but identified defects including limitation, missing annexures, and non-compliance with pre-deposit. A notice was issued for condonation and correction within 15 days.
What did the court decide?
Notice issued to the appellant for removal of defects and payment of pre-deposit within 15 days; otherwise, application liable for rejection.