Ajit Subhash Mande v. State Bank of India
Case brief
What is this about?
The Debts Recovery Appellate Tribunal at Mumbai dismissed the appeal filed by Dr. Ajit Subhash Mande and another against State Bank of India and another, due to the appellants' failure to deposit the required first instalment of ₹10 lacs by the stipulated deadline.
What did the court decide?
Dismissal of the appeal.
What the court decided
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr Justice Ashok Menon, Chairperson Appeal on Diary No.1070/2022
Between
Dr. Ajit Subhash Mande & Anr. … Appellant/s
V/s.
State Bank of India & Anr. …Respondent/s
Mr Rishabh Shah, i/b M/s Raval –Shah & Co., Advocate for Appellants.
Ms Mamta Verma, i/b Mr Sachin A. Koli, Advocate for Respondents.
-: Order dated: 06/03/2023:-
The Appellants have failed to comply with depositing the first instalment of ₹10 lacs on or before 03.03.2023.
It is submitted by the Ld. Counsel for the Appellants that he has filed an application for an extension of time on 04.03.2023.
The order is self-working and failure to deposit would entail dismissal of the Appeal. Hence, the appeal would stand automatically dismissed on failure to pay the first instalment.
Parties & counsel
- appellant
Dr. Ajit Subhash Mande & Anr.
- respondent
State Bank of India & Anr.
Coram
Ashok Menon
Case details
As recorded by the court registry
All orders in this case
2 orders share this CNR
- Order 1 · Ashok Menon
- Order 2 — this page · Ashok Menon
Similar cases
Judgements on the same questions, provisions and authorities, from every court