N.Riyas Ahamed v. Idfc Bank Limited
Case brief
What is this about?
The Appeals Tribunal rejected the appeal filed by debtors for non-compliance with a prior conditional order requiring a statutory deposit under Section 18(1) of the SARFAESI Act, 2002.
What did the court decide?
Appeal AIR (SA): 472/2022 rejected for non-compliance of statutory deposit order.
What the court decided
A compact analysis
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 27th day of March, 2023
PRESENT: HON'BLE JUSTICE S.RAVI KUMAR CHAIRPERSON
IA 54/2023 in AIR (SA): 472/2022
(SA 45/2021 on the file of DRT-III, Chennai)
Between
- N. Riyas Ahamed, S/o S. Nasar, 2/459, LIG-Block II, Kalamegam Salai, JJ Nagar, Mogappair West, Chennai – 600 037.
- N. Bhurkhan, W/o S. Nasar, 2/459, LIG-Block II, Kalamegam Salai, JJ Nagar, Mogappair West, Chennai – 600 037.
… Appellants
And
The Authorised Officer, IDFC First Bank Limited, (Erstwhile Capital First Ltd., & Amalgamated with IDFC Bank Ltd.,) Anna Salai Branch,
Parties & counsel
- appellant
N. Riyas Ahamed
- appellant
N. Bhurkhan
- respondent
The Authorised Officer, IDFC First Bank Limited
Coram
Case details
As recorded by the court registry
All orders in this case
7 orders share this CNR
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