Ms Shaon Mustard Oil Mill and Ors. v. Asrec India Ltd.
Case brief
What is this about?
In a due process order, the Debts Recovery Appellate Tribunal at Kolkata gave the appellant a final opportunity to serve the respondent by depositing Rs. 5,000 as costs with the State Legal Services Authorities, failing which proceedings may be adjourned.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
(Appeal No. 02 of 2019)
(Arising out of O.A. No. 265 of 2012 in DRT -1 Kolkata)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA
CHAIRPERSON
19.04.2023 M/s Shaon Mustard Oil Mill and anr … Appellant -VsAsset Reconstruction Company (India) Ltd. ….Respondents Mr. Kaunish Chakrabarty, Learned Counsel for the Appellant None for the Respondent
THE APPELLATE TRIBUNAL
Record shows that this Appeal was filed on 07.01.2019. Thereafter on 10.02.2020, Appellant sought time for completing the service upon the Respondents. Since then, no steps are taken by the Appellant for effecting service upon the Respondents. Four years have passed after filing of the Appeal. Impugned order was passed in O.A. wherein a decree of Rs. 5,66,19,109.45 was passed against the defendants/ Appellant.
It appears that the Appellant is either interested to linger on the proceedings or pursuing a luxurious litigation. Application for waiver from making pre deposit is also pending along with an application for condonation of delay.
Parties & counsel
- appellant
Shaon Mustard Oil Mill and anr
- respondent
Asset Reconstruction Company (India) Ltd.
Coram
Anil Kumar Srivastava
Case details
As recorded by the court registry
All orders in this case
9 orders share this CNR
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