M/s Shahzad Steel Prop. Dilawar Abbasali Khan v. Kotak Mahindra Bank Limited
Case brief
What is this about?
The Appellant sought time to obtain instructions, leading to an adjournment of the appeal. The Respondent's counsel submitted that the underlying Special Application was dismissed, rendering the current appeal infructuous. The court adjourned the matter to 06.04.2023.
What the court decided
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr Justice Ashok Menon, Chairperson
I.A. No. 305/2022 (WoD) In Appeal on Diary No. 556/2021
Between
M/s Shahzad Steel Prop. Dilawar Abbasali Khan & Ors. … Appellant/s V/s.
Authorised Officer, … Respondent/s
Kotak Mahindra Bank Ltd. & Ors.
Ms Puneet Gogad, Advocate for Appellants.
Ms Shobha Chavan, i/b M/s. V. Deshpande & Co., Advocate for Respondent No. 1.
-: Order dated: 22/02/2023:-
The Ld. Counsel appearing for the Respondent Bank submits that the S.A. pending before D.R.T.-III, Mumbai has already been dismissed. The appeal is filed challenging the interlocutory order made in the S.A. and therefore, in view of the dismissal of the S.A., the appeal has become infructuous.
The Ld. Counsel appearing for the Appellant seeks time to get specific instructions and hence, adjourned to 06.04.2023.
Issues for consideration
1 issue framed by the court
Whether the current appeal has become infructuous due to the dismissal of the underlying Special Application.
Parties & counsel
- appellant
M/s Shahzad Steel Prop. Dilawar Abbasali Khan & Ors.
- respondent
Authorised Officer
- other
Kotak Mahindra Bank Ltd. & Ors.
Coram
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · February
- CNR
- 271090005562021
- Topic
- Banking and Recovery
All orders in this case
4 orders share this CNR
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