Idbi Bank v. M/S Chintamani Enterprises
Case brief
What is this about?
The Debts Recovery Appellate Tribunal allowed an application by IDBI Bank Ltd. to set aside an ex parte order against M/s. Chintamani Enterprises. The court imposed a condition of payment of ₹10,000/- to the DRT Bar Association as a prerequisite for the order's amendment.
What did the court decide?
Application to set aside ex parte order allowed subject to payment of ₹10,000/- to the DRT Bar Association within two weeks.