Bank of Baroda v. Albert Granties Private Limited and Ors.
Case brief
What is this about?
In Appeal No. 28/2013, the Debts Recovery Appellate Tribunal at Mumbai heard the Bank of Baroda's appeal regarding the requirement to deposit the pre-deposit amount under Section 21 of the RDDBFI Act, 1993, and reserved the matter for orders on 09.06.2023.
What the court decided
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present : Mr. Justice Ashok Menon, Chairperson
Appeal No. 28/2013
Between
Bank of Baroda … Appellant/s
V/s.
M/s. Albert Granites Pvt. Ltd. & Ors. …Respondent/s
Mr. Bidan Chandran & N. Siddiqui, i/b M/s. M.V. Kini & Co., Advocate for Appellant.
M.R. Vaidya, Advocate for Respondent No.1
Heard both sides on whether the Appellant Bank has to deposit the pre-deposit amount u/s 21 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (RDDB & FI Act,1993).
Post on 09.06.2023 for orders.
psa-21
Sd/Chairperson
Issues for consideration
1 issue framed by the court
Whether the Appellant Bank has to deposit the pre-deposit amount under section 21 of the RDDBFI Act 1993.
Parties & counsel
- appellant
Bank of Baroda
- respondent
M/s. Albert Granites Pvt. Ltd.
Coram
Ashok Menon
Case details
As recorded by the court registry
All orders in this case
9 orders share this CNR
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