Ms Vishal and Vishal v. Punjab National Bank
Case brief
What is this about?
This Miscellaneous Application sought to transfer Special Appeal No. 764 of 2021 from DRT-2 to DRT-1 Kolkata due to staffing vacancies and also prayed for refund of pre-deposit and interim protection. The bench modified the transfer order and granted refund but denied interim protection as the main appeal was decided.
What did the court decide?
Modification of transfer order to DRT-1 Kolkata; refund of pre-deposit; interim protection denied.
1
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA Appeal Dy No. 651 of 2022 (Arising out of S.A. No. 764 of 2022 in DRT-3 Kolkata)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
03.03.2023
M/s. Vishal & Vishal
… Appellant
-Vs-
- Punjab National Bank & Anr.
… Respondents
Mr. P. Sil, ld. Counsel with Mr. Subhadip Biswas, ld. Counsel with Mr. S. Chakraborty and Ms. P.A. Sharma, ld. Counsel for the appellant.
Mr. Debasish Chakraborty, ld. Counsel with Ms. S. Pal, ld. Counsel.
THE APPELLATE TRIBUNAL :
Issues for consideration
3 issues framed by the court
Whether Special Appeal No. 764 of 2021 should be transferred from DRT-2 Kolkata to DRT-1 Kolkata due to vacancy and postings of Presiding Officers.
Whether the pre-deposit amount of Rs. 14.50 lakhs should be refunded after the appeal decision.
Whether an interim protection or status quo order should be granted for the pending special appeal.
Parties & counsel
- appellant
M/s. Vishal & Vishal
- respondent
Punjab National Bank & Anr.
Coram
Anil Kumar Srivastava
Case details
As recorded by the court registry
All orders in this case
7 orders share this CNR
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