Medicina Unani Hospital Pvt. Ltd. v. South Indian Bank
Case brief
What is this about?
The Debt Recovery Appellate Tribunal at Chennai ordered rejection of the appeal due to the appellant's failure to deposit the required statutory amount within the extended deadline, citing prior orders granting time extensions.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 21st day of November, 2023
PRESENT: HON'BLE MR. JUSTICE S.RAVI KUMAR CHAIRPERSON
AIR(SA) 1039/2023
(IA 2157/2023 in SA 262/2023 on the file of DRT-1, Ernakulam)
Between
M/s Medicina Unani Hospital (P) Ltd., Rep. by its Managing Director, Dr. Abdul Vahab C, S/o Muhammed Musliyar Cheppangathody House, Karumbully, Maruthur P.O., Pattambi, Palakkad 673 313.
….Appellant
And
The Authorised Officer, The South India Bank Ltd., Regional Office, 733/2, 1st floor, D.D. Arcade, Chittoor Road, Near Manapullikavu, Kunnathurmedu, Palakkad 678 013.
…Respondent Bank
Issues for consideration
1 issue framed by the court
Whether the appeal for non-compliance of statutory deposit order should be accepted despite extension of time granted earlier.
Parties & counsel
- appellant
M/s Medicina Unani Hospital (P) Ltd. (Rep. by its Managing Director, Dr. Abdul Vahab C)
- respondent
The Authorised Officer, The South India Bank Ltd.
Coram
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · November
- CNR
- 331090010392023
- Topic
- Banking and Recovery
All orders in this case
8 orders share this CNR
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