On an interim application for stay, the Debt Recovery Appellate Tribunal granted an interim stay of an impugned order by the DRAT, Ahmedabad, in the absence of the respondents who failed to appear or file a reply.
Interim stay of the impugned order dated 17.10.2022 in Securitisation Application No. 629 of 2022 granted.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present : Mr Justice Ashok Menon, Chairperson
I.A. No. 30/2023 (Stay) In Appeal No. 07/2023
Between
The Authorised Officer, Canara Bank … Appellant/s V/s.
M/s Woodman Veneers Pvt. Ltd. & Ors. …Respondent/s Ms Vaishali R Bhilare, Advocate for Appellant.
The Respondents have been served but none appear. Even though an advocate had proposed to appear for the Respondents, no vakalatnama or reply has been filed. Hence, the Respondents are called absent and set ex-parte.
I.A. No. 30/2023 is an application for the stay of the impugned order dated 17.10.2022 in Securitisation Application (S.A.) No. 629 of 2022 on the files of the Debts Recovery Tribunal No. II, Ahmedabad (D.R.T.). Since there is no appearance for the Respondents, an interim stay as prayed for with respect to the impugned order is granted.
Adjourned for ex-parte hearing on 13.07.2023.
mks-9
1
The Authorised Officer, Canara Bank
M/s Woodman Veneers Pvt. Ltd.
Ashok Menon
As recorded by the court registry
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