The Debt Recovery Appellate Tribunal ordered the appellant to deposit 50% of the sale notice amount within two weeks, failing which the appeal would be rejected.
Deposit of Rs. 63,44,904/- (50% of sale notice amount) within two weeks; appeal rejected if deposit is not made.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
IA 143/2023 In AIR 187/2023
Bhavana Farms Vs Bank Of Baroda And Ors
10/05/2023
Order pronounced (vide separate Order) in open court.
Petitioner/Appellant shall deposit Rs.63,44,904/-, being 50% of Sale Notice amount, within a period of two weeks from today i.e., on or before 24.05.2023, failing which, the Appeal shall stand rejected.
Post the case on 25.05.2023, for compliance of payment.
Sd/Chair Person
1 issue framed by the court
Whether the appeal in the debt recovery proceeding requires further adjudication beyond conditioning on partial deposit.
Bhavana Farms
Bank Of Baroda And Ors
As recorded by the court registry
17 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
