M/S. Madhuli Creations and Ors. v. Assets Care Recostruction Pvt. Ltd.
Case brief
What is this about?
this order deals with an interim application regarding waiver of deposit for auction proceedings in a recovery dispute. the respondent counsel requested no urgency leading to a date of notice.
What the court decided
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr Justice Ashok Menon, Chairperson
I.A. No. 430/2023 (WoD) In
Misc. Appeal on Diary No. 1055/2023
Between
M/s. Madhuli Creations & Ors. … Appellant/s V/s.
Authorized Officer,
…Respondent/s
Assets Care Reconstruction Enterprise
An Advocate for Appellants.
Mr. N. Roy., i/b M/s. Sirius Legal, Advocate for Respondent.
-: Order dated: 12/07/2023:-
A reply has been filed on the application for waiver of deposit. The Ld. Counsel appearing for the Respondent submits that there is no urgency as two weeks’ notice would be given before taking steps to dispossess the Appellant.
Parties & counsel
- appellant
M/s. Madhuli Creations & Ors.
- respondent
Authorized Officer
Coram
Ashok Menon
Case details
As recorded by the court registry
All orders in this case
3 orders share this CNR
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