M/S a. K. Enterprise v. State Bank of India
Case brief
What is this about?
The Debts Recovery Appellate Tribunal at Kolkata, on 18.09.2023, dealt with an appeal where the Respondent Bank failed to appear despite proper service of notice. The Chairperson directed the Registry to issue a show-cause notice to the Chief General Manager of the Bank for non-appearance. In the meantime, status quo was maintained pending concurrences before the DRT and Recovery Officer.
What did the court decide?
Notice to the Chief General Manager SBI Kolkata to show cause for non-appearance; status quo maintained.