Local application to register a AR appeal and seek status quo regarding property possession while a waiver order condition is complied with; Tribunal directed registration contingent on prospective orders if in order and granted status quo pending further orders.
Direction to register the Appeal if in order; maintenance of status quo on property possession.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
IA 352/2023
in A.IR:1265/2023
R Senthilkumar V/S Bank Of India
10/10/2023
Ld. Counsel for petitioner/appellant represented that conditional order of this Tribunal dated 25.9.2023 passed in IA 352/2023 (Waiver) for making statutory deposit is complied with.
Office is directed to register the Appeal, if it is otherwise in order.
Advocate for petitioner/appellant submitted that property is already sold, Sale Certificate is issued but same is not yet registered and possession is with petitioner /appellant and requested that some protection may be granted.
Considering the same, parties shall maintain ‘status quo’ until further orders.
Sd/Chair Person
R Senthilkumar
Bank Of India
Chair Person
As recorded by the court registry
6 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
