The Debt Recovery Appellate Tribunal extended time for the appellant to deposit Rs. 30,51,435/- by 17.08.2023, considering an inability to mobilize funds near the compliance deadline.
Time granted to pay amount till 17.08.2023.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
IA 292/2023 in IA 35/2023
in
A.IR:459/2022
Mrs.Selvi.S V/S A.O.,Cholamandalam Investment And Finance Co
Ltd
20/07/2023
Today, this case is coming up for compliance of pre deposit of Rs.30,51,435/-, as per orders of this Tribunal dated 05.07.2023 in IA 35/2023 (Waiver).
However, Petitioner/Appellant filed Application seeking extension of time.
Advocate for Petitioner/Appellant submitted that Petitioner/Appellant could not mobilize funds and prayed for four weeks from now, to pay amount.
Considering the request of Advocate for Petitioner/Appellant, time is granted to pay amount, till 17.08.2023.
Application is ordered accordingly.
As per orders in IA 292/2023 (Extn. of time), time is extended for payment of amount, till 17.08.2023.
Post the case on 18.08.2023, for compliance of deposit.
Sd/Chairperson
Mrs. Selvi. S
A.O., Cholamandalam Investment And Finance Co Ltd
Chairperson
As recorded by the court registry
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