Smt Chhanda Hazra & Ors. v. Central Bank of India
Case brief
What is this about?
The Debt Recovery Appellate Tribunal considered an application for waiver of pre-deposit under Section 18 of the SARFAESI Act. The court directed the respondent to verify the dues and listed the matter for further hearing, citing Sidha Neelkanth.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
(Dy. No. 73 of 2022)
(Arising out of S.A. No. 453 of 2015 in DRT III, Kolkata)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA
CHAIRPERSON
14.06.2023 Smt. Chhanda Hazra & Ors. … Appellant -VsCentral Bank of India & ors ….Respondents Mr. Ajit Kr. Mishra, Ld. Counsel, Mr. Abhishek Dey, Learned Counsel for the Appellant Mr. Surath Chakraborty, Learned Counsel for the Respondent
THE APPELLATE TRIBUNAL :
I.A. No. 49 of 2022 application under Section 18 of the SARFAESI Act for waiver from making pre-deposit. As per notice under Section 13(2), an amount of Rs. 9,20,027/-was demanded due. Learned Counsel for the Respondent is directed to seek instructions regarding the amount due as on date in view of the law laid down in M/s Sidha Neelkanth
Paper Industries Private Limited & Anr Vs. Prudent ARC Limited & Ors.
List on 11th July, 2023.
Issues for consideration
1 issue framed by the court
Whether the Appellant is required to make a pre-deposit under Section 18 of the SARFAESI Act.
Parties & counsel
- appellant
Chhanda Hazra
- respondent
Central Bank of India
Coram
Anil Kumar Srivastava
Case details
As recorded by the court registry
All orders in this case
11 orders share this CNR
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