The DRAT extended the time for depositing the first and second instalments of the appeal predeposit from 24.01.2023 to 07.02.2023 upon the appellant's undertaking to pay the accumulated amount within that period.
Extension of time granted; appellants directed to deposit first and second instalments together on or before 07.02.2023.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present : Mr Justice Ashok Menon, Chairperson I.A. No. 59/2023(EoT) In Appeal on Diary No. 1420/2022
Between
Sagar S/o Prakash Dalal & Ors. … Appellant/s V/s. Shriram City Union Finance Ltd. …Respondent/s
Ms Durga Soni, i/b Mr Radhe Agarwal, Advocate for Appellant.
Ms Aparna D Jagtap, i/b Mrs Uma S. Fadia, Advocate for Respondent.
-: Order dated: 27/01/2023:-
By order dated 03.01.2023 the Appellants were directed to pay a predeposit of ₹40 lacs in three equal instalment of ₹13,33,333/- each. The first instalment was due on 24.01.2023. The Appellants have filed this application as I. A No. 59/2023 for extension of time.
1
the jurisdiction of the Tribunal under Sec. 19(25) of the RDB Act, and also under Sec. 148 of the C.P.C. the extension is granted and the Appellants are directed to deposit the first instalment together with the second instalment on or before 07.02.2023.
Post on 08.02.2023 for reporting compliance as regard payments.
Sd/Chairperson
mks-16
2
1 issue framed by the court
Whether an extension of time for payment of predeposit of appeal fees is granted to the appellants.
2 provisions across 2 enactments
Sagar S/o Prakash Dalal & Ors.
Shriram City Union Finance Ltd.
Ashok Menon
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
