Vasantha Arumugam v. South Indian Bank
A compact analysis
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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
Dy. No. /668/2022 Date: 29/11/2022
Vasantha Arumugam & Anr. Appellant
Versus
The South Indian 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 Ld. Advocate, Mr. Sannidhya Datta.
Scrutiny of the application reveals the followings:
The application has been filed on behalf of Vasantha Arumugam & Anr against the order dated 16/08/2019 passed in IA. No. 3257 of 2018 in O.A. No. 949 of 2018 in DRT-II, Hyderabad. Fees of Rs.4450/- vide T.R. No.116434 dt. 29.11.2022 has been paid for application fee, delay petition and waiver application.
In respect of order dated 01.08.2022 of Hon’ble High Court for the State of Telangana at Hyderabad in WP No. 23289 of 2019 (copy annexed to Vol. I of Appeal Memo), challenging the order dated 16/08/2019 made in IA. No. 3257 of 2018 in O.A. No. 949 of 2018 by DRT-II, Hyderabad, petitioner has been granted liberty to avail the remedy provided under Section 18 of the SARFAESI Act.
Parties & counsel
- appellant
Vasantha Arumugam & Anr
- respondent
The South Indian Bank Ltd. & Ors.
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · November
- CNR
- 191090006682022
- Topic
- Banking and Recovery
All orders in this case
12 orders share this CNR
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