Stone Yuug v. Bank of Baroda
Case brief
What is this about?
This is a miscellaneous order listing an interim application for waiver of deposit. The court noted frustrations with a settlement and granted a deferred hearing.
What the court decided
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr Justice Ashok Menon, Chairperson
I.A. No. 624/2022 (WoD) In Appeal on Diary No. 1328/2022
Between
Stone Yuug Corporation & Ors. … Appellant/s V/s. Bank of Baroda …Respondent/s
An Advocate for Appellants is present. Mr. U. Fuladi, Advocate for Respondent.
-: Order dated: 03/11/2023:-
The Ld. Counsel appearing for the Respondent Bank submits that the OTS proposal did not work out and that the settlement proposal has been frustrated due to non-payment of the dues on time by the Appellants.
The Ld. Counsel appearing for the Appellants submits that he seeks further time for specific instruction on this matter.
Hence, the application I.A. No. 624/2022 for waiver of deposit shall be heard on 13.12.2023.
Chairperson
rm-21
Parties & counsel
- appellant
Stone Yuug Corporation & Ors.
- respondent
Bank of Baroda
Coram
Ashok Menon
Case details
As recorded by the court registry
All orders in this case
12 orders share this CNR
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