Appeals in a debt recovery matter were dismissed for failure by the appellant to comply with a conditional order requiring a statutory deposit by 28.11.2023.
Dismissal of appeals AIR (SA) 1013/2023 and AIR (SA) 1027/2023 due to non-compliance with statutory deposit order.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
IA 357/2023
in
A.IR:1013/2023
Hanume Gowda V/S The Bangalore City Co Operative Bank Ltd
29/11/2023
These appeals are coming up today for reporting compliance of statutory deposit.
As per common conditional order dated 14.11.2023 passed in IA 357/2023 (Waiver) & IA 360/2023 (Waiver) in AIR (SA) 1013/2023 & AIR (SA) 1027/2023 respectively, appellant shall deposit a sum of Rs.1,40,13,265/- on or before 28.11.2023 and failure to deposit the same would result in dismissal of above appeals.
Today, Ld. Counsel for appellant submitted that appellant could not comply with the conditional order dated 14.11.2023.
Considering the same, Appeals AIR (SA) 1013/2023 and AIR (SA) 1027/2023 are rejected, by giving effect to common conditional order dated 14.11.2023 for noncompliance of statutory deposit.
Sd/Chairperson
Hanume Gowda
The Bangalore City Co Operative Bank Ltd
Chairperson
As recorded by the court registry
9 orders share this CNR
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