Ms Alana Hotels And Resorts Pvt. Ltd. v. Indian Bank
Case brief
What is this about?
This appellate tribunal issued an interim order listing the bail bond application for disposal. The bench noted the appellant's claim that the deposited amount exceeds the claim and directed the respondent counsel to verify this. A date was fixed for final disposal.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
Appl Dy No. 430 of 2019
THE HON’BLE JUSTICE SHRI ANIL KUMAR SRIVASTAVA, CHAIRPERSON
05.06.2023
M/s. Alana Hotels & Resorts P. Ltd. & Anr. … Appellants Vs.
Indian Bank & Anr.
….. Respondents
For Appellant : Mr. Nemani Srinivas, ld. Counsel For Respondent : Mr. Sailesh Mishra, ld. Counsel.
THE APPELLATE TRIBUNAL :
Mr. Sailesh Mishra, ld. Counsel appearing on behalf of respondent bank undertakes to file Vakalatnama within two weeks. Learned counsel for the appellant shall serve copy of the applications today. Objection, if any, against the waiver application be filed within two weeks.
Learned counsel for the appellant submits that claimed amount in the demand notice was Rs.3.95 crore while the appellant has already deposited Rs.3.11 crore. Learned counsel for the respondent shall take instruction on this point.
Parties & counsel
- appellant
Alana Hotels & Resorts P. Ltd. & Anr.
- respondent
Indian Bank & Anr.
Coram
Anil Kumar Srivastava
Case details
As recorded by the court registry
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