The Division Bench of the Debt Recovery Appellate Tribunal, Kolkata, dismissed an appeal filed by M/s Sehgal Motors Pvt. Ltd. as not maintainable in the absence of the appellant, noting that no waiver application was filed.
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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
(Dy. No.156 of 2019)
(Arising out of S.A. No. 134 of 2012 in DRT-1 Hyderabad)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA
CHAIRPERSON
17.02.2023 M/s Sehgal Motors Pvt. Ltd. and ors … Appellant -VsJ.M. Financial Asset Reconstruction Company Ltd. ….Respondents
None for the Appellant None for the Respondent
THE APPELLATE TRIBUNAL :
None is present for the Appellant. Waiver application is not filed. Accordingly, Appeal is dismissed being not maintainable.
Pending I.A.s if any, are disposed of accordingly. Interim order, if any, stands vacated.
Copy of the order be supplied to the Appellant and the Respondent and the copy be also forwarded to the concerned DRT.
File be consigned to Record Room.
Order dictated, signed, dated and pronounced in open Court today.
(Anil Kumar Srivastava,J) Chairperson Dated: 17th February, 2023 5/tp
2
2 issues framed by the court
Whether the appeal is maintainable given the absence of the appellant.
Whether the appeal can be decided without a waiver application.
M/s Sehgal Motors Pvt. Ltd. and ors
J.M. Financial Asset Reconstruction Company Ltd.
ANIL KUMAR SRIVASTAVA
As recorded by the court registry
3 orders share this CNR
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