The Appellant filed an urgent application seeking waiver of mandatory pre-deposit. The Tribunal directed receipt of a demand draft as initial payment and adjourned for the Respondent's reply. No final order on the application was passed in this hearing.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr Justice Ashok Menon, Chairperson I.A. No. 458/2023(WoD)
In Appeal on Diary No. 957/2023
Between
M/s. Sukhdham Residency … Appellant/s V/s.
Asset Care and Reconstruction Enterprise Ltd …Respondent/s Mr. Puneet Gogad, Advocate for Appellant. Mr. N. Roy, Advocate for Respondent.
-: Order dated: 12/07/2023:-
The matter is taken up for hearing by way of a praecipe filed by the Appellant for seeking urgent relief.
I.A. No. 458/2023 is an application filed by the Appellant for waiver
of mandatory pre-deposit filed u/s. 18(1) of the Securitisation & Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002 (“SARFAESI Act”, for short).
1
Post on 08.08.2023 for the reply of the Respondent and hearing on the waiver application.
Sd/-
Chairperson
rm-9
2
1 issue framed by the court
Whether to waive mandatory pre-deposit under s. 18(1) of the SARFAESI Act.
1 provisions across 1 enactments
M/s. Sukhdham Residency
Asset Care and Reconstruction Enterprise Ltd
Ashok Menon
As recorded by the court registry
2 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
