Marudhar Tracon P Ltd. v. India Sme Assets Reconstruction Company Ltd.
Case brief
What is this about?
The Debt Recovery Appellate Tribunal at Kolkata adjourned the appeal DY No. 444 of 2020. The court directed that the matter be listed on 14.06.2023 for a further order, pending the final decision of the Hon'ble High Court at Calcutta in connected proceedings.
What the court decided
A compact analysis
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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
Appeal Dy No. 444 of 2020
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
01.03.2023
Marudhar Tracon Pvt. Ltd.
… Appellant -VsIndia SME Assets Reconstruction Co. Ltd.
… Respondents Mr. P. Deb, ld. Counsel. for the appellant. Ms. V. Chokhani, ld. Counsel for the respondent.
THE APPELLATE TRIBUNAL :
Learned counsel for the appellant submits by filing affidavit a copy of the order dated 28.11.2022 passed in CO No. 2929 of 2022 by the Hon’ble High Court at Calcutta wherein it was observed that fate of the proceeding before the DRAT will be
abide by the final decision of this court.
Accordingly, the matter is adjourned.
Parties & counsel
- appellant
Marudhar Tracon Pvt. Ltd.
- respondent
India SME Assets Reconstruction Co. Ltd.
Coram
Anil Kumar Srivastava
Case details
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