The debt recovery appellate tribunal dismissed an appeal as filed because the appellants failed to comply with the direction to make a pre-deposit.
The appeal was dismissed.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr Justice Ashok Menon, Chairperson
Appeal on Diary No.701/2023
Between
Hashmukhbhai Vashrambhai Lakkad & Ors. … Appellant/s
V/s.
India Resurgence ARC Pvt. Ltd. …Respondent/s
Mr Jamshed Ansari, Advocate for Appellants.
Mr Vinay Deshpande along with Mr. Rupak Sawangikar, i/b M/s. V. Deshpande & Co., Advocate for Respondent.
The Appellants have not complied with the direction of this Tribunal to make a pre-deposit.
Hence, the appeal stands dismissed.
It is submitted by the Ld. Counsel appearing for the Appellants that they are making payment directly to the Bank for settlement of the entire debt, regarding which, the Ld. Counsel appearing for the Respondent Bank has no information.
mks-19
1
Hashmukhbhai Vashrambhai Lakkad & Ors.
India Resurgence ARC Pvt. Ltd.
Ashok Menon
As recorded by the court registry
2 orders share this CNR
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