J.C. Flowers Asset Reconstruction Pvt. Ltd. acting in its capacity as trustee Jcf Yes trust 2022-23/3 v. Belief Realtors Pvt. Ltd.
Case brief
What is this about?
The Debt Recovery Appellate Tribunal allowed a substitution application (I.A. No. 150/2023) in Misc. Appeal No. 02/2022 to replace an appellant consequent to debt assignment, directing amendment within two weeks and substituted service on respondents.
What did the court decide?
Application allowed; amendment to be carried out within two weeks and substituted service initiated.