Kiran Jose v. South Indian Bank
Case brief
What is this about?
The Appellate Tribunal granted an extension of two weeks, until 11.07.2023, for the petitioners (farmers) to deposit a pre-deposit amount of Rs. 36,03,065/- towards compliance of prior orders.
What did the court decide?
Extension of time granted until 11.07.2023 for payment of Rs. 36,03,065/-
What the court decided
A compact analysis
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
IA 124/2023 in A.IR:2/2023
Kiran Jose & Ors V/S The South Indian Bank Ltd & Anr
27/06/2023
Today, this case is coming up for compliance of pre deposit of Rs.36,03,065/-, as per orders of this Tribunal dated 12.06.2023 in IA 124/2023 (Waiver). However, Petitioners/Appellants filed Application seeking extension of time.
Advocate for Petitioners/Appellants submitted that Petitioners/ Appellants are farmers and represented that Petitioners/ appellants are making all efforts to mobilize funds, and prayed for further four weeks time to pay amount.
Considering the request of Advocate for Petitioners/Appellants, two weeks time is granted for payment of amount, i.e. on or before 11.07.2023.
Application is ordered accordingly.
As per orders in IA 256/2023 (Extn.), time is extended for payment of amount till 11.07.2023.
Post the case on 12.07.2023, for compliance of deposit.
Parties & counsel
- appellant
Kiran Jose & Ors
- respondent
The South Indian Bank Ltd & Anr
Coram
Chairperson
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · June
- CNR
- 331090000022023
- Topic
- Banking and Recovery
All orders in this case
15 orders share this CNR
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