Dismissed
Amr Pharma India Pvt. Ltd. v. Indian Overseas Bank
DRATREGULAR APPEAL/12/2024
Case brief
AI extract
What is this about?
The Debt Recovery Appellate Tribunal at Chennai posted an appeal for hearing to ensure compliance with a conditional order requiring a statutory deposit. Upon finding no representation from the appellants and no deposit in the registry, the court rejected the appeal for non-compliance with extension orders dated 13.9.2023 and 29.9.2023.
What did the court decide?
The appeal (AIR 416/2023) is dismissed as the appellants failed to deposit the required statutory amount within the extended time limit.