Central Bank of India v. Sri Sujit Kumar Singhania Propritor M/s Med Life
Case brief
What is this about?
The Debts Recovery Appellate Tribunal condoned a 142-day delay in filing an appeal by Central Bank of India against a DRT order. The court found the delay was not intentional but due to official verification processes and an accident involving the counsel. Costs of Rs. 5,000 were imposed.
What did the court decide?
Condonation of 142-day delay in filing appeal and registration as regular appeal upon payment of Rs. 5,000 costs.