The bench granted an extension to the appellant until 23.08.2023 to deposit a sum of Rs. 36 Lakhs transferred to a lower court into the court, as required under the SARFAESI Act.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
IA 95/2023
In
A.IR:42/2023
M S Suburaman V/S Tamilnad Mercantile Bank Ltd & Ors
11/08/2023
An Affidavit is filed by Petitioner/Appellant stating that a sum of Rs.36 Lakhs is deposited with Registrar, DRT, Coimbatore, in SA 668 /2021.
Advocate for Petitioner/Appellant sought time to get that amount transferred to DRAT, to comply pre deposit required under Section 18 (1) of SARFAESI Act, 2002. As requested, time is granted till 23.08.2203.
Post the case on 23.08.2203.
.. Sd/-
Chairperson
M S Suburaman
Tamilnad Mercantile Bank Ltd & Ors
Chairperson
As recorded by the court registry
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Judgements on the same questions, provisions and authorities, from every court
