Paratus Real Estates Pvt. Ltdd. v. Canara Bank
Case brief
What is this about?
Listed for admission. Appellant failed to file certified copies of the impugned order or make predeposit. Applications for exemption and waiver filed.
What the court decided
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Appeal Dy. No. 1136/2022
(Paratus Real Estate Pvt. Ltd. Vs. Canara Bank)
Date: 06.01.2023
Shri Harshvardhan Gupta, holding brief of Shri Dr. Farrukh Khan, Ld. Counsel for the appellant is present and submits D.D. No. 003543 dated 21.12.2022 (Axis Bank) for Rs. 30,000/- towards deficit court fee. Defects reconciled. Proper court fee paid.
Certified copy of the impugned order has not been filed. The appellant has moved one Exemption Application (I.A. No. 706/2022) for exempting the appellant for not filing the certified copies in view of urgency and paucity of time and also prayed for placing the case before the Hon’ble Court in view of the exemption application.
No pre deposit has been made. Waiver Application (I.A. No. 704/2022) has been filed. As per the application filed under section 19(1) of the RDB Act the outstanding amount was Rs. 7,44,60,936.63 + interest as mentioned at Page No. 55 in the judgment annexed with the appeal. The appellant in the Waiver Application has stated that the appellants has suffered loss in real-estate project due to pandemic, hence, prayed for Waiver of pre-deposit. Ld. Counsel states that he will argue this issue before Hon’ble Court.
The instant Appeal has been filed under section 20 of the RDB Act against final order dated 28.09.2022 of DRT, Dehradun in O.A. No. 367/2019. Exemption Application (I.A. No. 706/2022), Waiver Application (I.A. No. 704/2022) and Stay Application (I.A. No. 705/2022) have been filed along with the Appeal.
List this case before Hon’ble Court on 10.01.2023 for admission.
Parties & counsel
- appellant
Paratus Real Estate Pvt. Ltd.
- respondent
Canara Bank
Case details
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