S Jayaram Chowdary v. State Bank of India
Case brief
What is this about?
Restoration petitioner filed under section 18(2) of the SARFAESI Act and section 19(25) of the Recovery of Debts Act to recall the order dismissing Dy. No. 579 of 2022. Petitioner satisfied adjudication officer that application is within limitation, application fee was paid, and Vakalatnama filed. Registry directs matter to Chairperson for admission and disposal on 08.08.2023.
What did the court decide?
No specific relief granted. Petition received and matter placed before Chairperson for admission on 08.08.2023.
What the court decided
A compact analysis
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
Misc Application Dy. No. 506 of 2023 , Date : 04.08.2023
(Arising out of Dy. No. 579 of 2022)
Sudalagunta Jayaram Chowdary & Ors. Appellant
Versus
State Bank of India & Ors. Respondent
Received a Restoration Petition under section 18(2) of the SARFAESI Act, 2002 read with Section 19(25) of the Recovery of Debts Act, 1993 through online on 29/07/2023 and hard copy on 04/08/2023 being M.A. Dy. No. 506 of 2023 filed by Ld. Advocate Mr. Sreyash Basu Dasgupta for appellant with a request to allow the instant application and recall the order passed by Hon’ble Chairperson on 10/07/2023 dismissing the Appeal Dy. No. 579 of 2022.
Application fee of Rs.250/- vide Transaction Ref. No. 2907230011784 dt. 29.07.2023 has been paid online along with the application.
Vakalatnama is filed by Ld. Advocate Mr. Sreyash Basu Dasgupta on behalf of Appellants with fee of Rs.105/- vide Transaction Ref. No. 2807230037414 dt. 28.07.2023
Application is within the period of limitation.
Issues for consideration
1 issue framed by the court
Whether the revision petition under section 18(2) of the SARFAESI Act is within the period of limitation and admits of restoration.
Parties & counsel
- appellant
Sudalagunta Jayaram Chowdary & Ors.
- respondent
State Bank of India & Ors.
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · August
- CNR
- 191090005062023
- Topic
- Banking and Recovery
All orders in this case
3 orders share this CNR
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