Ms Penguin Textiles Ltd. v. Indian Bank

IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA

Appl Dy No. 401 of 2020

(Arising out of S..A. 08 of 2014 in DRT-1 Hyderabad)

THE HON’BLE JUSTICE SHRI ANIL KUMAR SRIVASTAVA, CHAIRPERSON

27.04.2023

M/s. Penguin Textiles Ltd. & Anr. … Appellants

… Vs. Indian Bank & Ors. ….. Respondents

For Appellant : Ms. S. Das, ld.counsel

For Respondent: Mr. A.K.Dhandhania, ld. Senior Counsel.

Mr. Soumo Mukheree, ld. Counsel. Ms. Sweta Mishra, ld. Counsel for respondent no.2 Mr. Rudrajit Sarkar, ld. Counsel Mr. A. Kanodia, ld. Counsel for respondent no.3.

THE APPELLATE TRIBUNAL :

Compliance of the order dated 17.03.2023 regarding predeposit is not made. Accordingly, appeal is dismissed for want of pre-deposit as required u/s 18(1) of the SARFAESI Act, 2002. No order as to costs.