Manojkumar Sureshchand Lunkad and Ors. v. Punjab National Bank
Case brief
What is this about?
The court noted an application for extension of time to pay the second instalment of a secured asset recovery. It rejected the application for immediate hearing and scheduled the appeal for a date after the due date of 21.02.2023.
What the court decided
A compact analysis
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present : Mr. Justice Ashok Menon, Chairperson
Appeal on Diary No. 1472/2022
Between
Manojkumar Sureschand Lunkad & Ors. … Appellant/s V/s.
The Authorized Officer, …Respondent/s Punjab National Bank & Ors.
Mr. Vipinchnadra Kasle, Advocate for Appellants.
Ms. Hema Desai, i/b M/s. Singh & Co., Advocate for Respondent No.1
Mr. Puneet Gogad, Advocate for Respondent No. 3 to 5
-: Order dated: 20/02/2023:-
The Appellant has complied with the payment of 1st instalment within the time extended. The 2nd instalment is due to be paid tomorrow. An application has been filed for an extension of time to pay the 2nd instalment due on 21.02.2023.
The Ld. Counsel appearing for the Respondents vehemently opposed the application for an extension of time. The said application shall be taken on file.
Parties & counsel
- appellant
Manojkumar Sureschand Lunkad & Ors.
- respondent
The Authorized Officer
- respondent
Punjab National Bank & Ors.
Coram
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · February
- CNR
- 271090014722022
- Topic
- Banking and Recovery
All orders in this case
4 orders share this CNR
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