M s Alisons Export Company and another v. Axis Bank
Case brief
What is this about?
The Debarment Tribunal dismissed a waiver application regarding the deposit of 25% of the dues under the RDB Act, 1993, and listed the appeal for admission only.
What the court decided
A compact analysis
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DEBT RECOVERY APPELLATE TRIBUNAL - ALLAHABAD
Dy. No. 317/2023
M s Alisons Export Company and another V/S AXIS BANK
Date: 19/09/2023
Item: 03
Sh. V. K. Shukla, Ld. Counsel for the appellant is present and mentioned PIN code in address and details of Court fees in Para 10 of the Appeal.
Ld. Counsel has deposited Rs. 4,63,000/- vide Demand Draft No. 044692, which is more than 25% against due of Rs. 18,51,204/- as per Recovery Certificate. A waiver application is filed to waive off compliance of deposit of 25% amount.
All defects reconciled. Appeal is in order.
The Present Regular Appeal is filed u/s 20 of the RDB Act, 1993 against the final order dated 11.01.2023 passed in T.A. No. 557 of 2018 by DRT, Dehradun. Waiver Application (I.A. No. 213 of 2023) filed.
List this case before Hon’ble Court on 04.10.2023 for Admission.
Parties & counsel
- appellant
Ms Alisons Export Company and another
- respondent
AXIS BANK
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · September
- CNR
- 091090003172023
- Topic
- Banking and Recovery
All orders in this case
10 orders share this CNR
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