Messers Sri Sai Diary Farm and Anr. v. the Federal Bank Limited and Ors.
Case brief
What is this about?
The DTAT Kolkata entertained the applicant's prayer for time to complete service of notice on Respondent No. 4 before ordering substituted service via newspaper publication on unserved respondents.
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. 240 of 2023 Date: 11/05/2023
(Arising out of Appeal No. 233 of 2018)
M/s. Sri SaiDiary Farm &Anr. ------------ Applicant
Versus
The Federal Bank Ltd & Ors. ---- Respondent
Ld. Advocate Mr. IntikhabAlam Mina appears for Appellant and files affidavit of service. Postal tracking reports are showing that services have been done upon the Respondent Nos. 2 & 3 i.e., N. Shekhar Reddy, N. Ram Reddy respectively and also The Federal Bank Ltd (Respondent No. 1 in Appeal 233 of 2018). However, it is seen that service has not been confirmed upon Respondent No. 1, M/s Asset Reconstruction Co. (India) Ltd. and service in respect of Respondent No. 4, Mrs. N. Arundhathi is showing that service is not yet completed.
Ld. Advocate for Appellant submits that as per postal tracking report service in respect of Respondent No. 4, Mrs. N. Arundhathi is on the process and yet to be completed. He prays for time to file further affidavit of service in respect of Respondent No. 4, Mrs. N. Arundhathi before substitute service through newspaper publication upon unserved respondents.
None appears for Respondents.
Issues for consideration
1 issue framed by the court
Whether the applicant is entitled to time to complete service of notice on Mrs. N. Arundhathi before resorting to substituted service.
Parties & counsel
- applicant
M/s. Sri SaiDiary Farm & Anr.
- respondent
The Federal Bank Ltd
- respondent
M/s Asset Reconstruction Co. (India) Ltd.
- respondent
N. Shekhar Reddy
- respondent
N. Ram Reddy
- respondent
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · May
- CNR
- 191090002402023
- Topic
- Banking and Recovery
All orders in this case
12 orders share this CNR
Similar cases
Judgements on the same questions, provisions and authorities, from every court