Single-paragraph interlocutory order allowing time for reply to a stay application in an appeal and directing the second respondent not to create third-party interest in the prayed property.
Time granted to first respondent to file reply; direction to second respondent not to create third-party interest in the property.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present : Mr Justice Ashok Menon, Chairperson
I.A. No. 60/2021 In Appeal No. 07/2021
Between
M/s Newton Engineering & Chemicals Ltd. & … Appellant/s Ors.
V/s.
Bank of Baroda & Ors. …Respondent/s
Mr Gaurang Kinkhabwala along with Mr Manmohan Rao, Advocate for Appellant.
Ms Meenu P., i/b Mrs Rathina Maravarman, Advocate for Respondent No.1.
-: Order dated: 27/01/2023:-
I. A. No. 60/2021 is an application for a stay.
The Respondents have not yet filed a reply on that application.
The Ld. Counsel appearing for the first Respondent seeks further time to file a reply.
There is no representation for the second Respondent Auction Purchaser.
It is hereby directed the second Respondent Auction Purchaser shall not create any third-party interest or do anything in the property diminishing its value till the hearing of the appeal.
Post the appeal for hearing on 14.04.2023.
mks-30
1
M/s Newton Engineering & Chemicals Ltd.
Bank of Baroda
Auction Purchaser
Ashok Menon
As recorded by the court registry
4 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
