The appeals was dismissed as not pressed in the Debt Recovery Appellate Tribunal as the appellant took fresh steps under Sec. 13(4) of the SARFAESI Act, rendering the proceedings infructuous.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr Justice Ashok Menon, Chairperson
Appeal No. 112/2016
Between
JM Financial Asset Reconstruction Company Pvt Ltd.
… Appellant/s
V/s.
Tiger Surgical Disposable Pvt Ltd & Ors.
…Respondent/s
Mr Rohan Sawant, Advocate for Appellant. Mr N. R. Parekh, Advocate for Respondents.
-: Order dated: 10/01/2023:-
The learned counsel appearing for the Appellant submits that the proceedings under Sec. 13(4) of the SARFAESI Act, before the D.R.T. which stands challenged in the appeal as well, has now become infructuous for the reason that the Appellant is taking fresh steps under Sec. 13(4) and therefore, the appeal is not pressed.
The appeal is dismissed as not pressed being infructuous.
All Miscellaneous Applications, if any, are dismissed as infructuous.
Sd/Chairperson
mks-24
1
1 provisions across 1 enactments
JM Financial Asset Reconstruction Company Pvt Ltd.
Tiger Surgical Disposable Pvt Ltd
Ashok Menon
As recorded by the court registry
4 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
