M/S H. Shanker Bar v. Indian Bank
Case brief
What is this about?
The Debt Recovery Appellate Tribunal at Kolkata dismissed the appeal as not maintainable because the judgment debtor failed to make the required pre-deposit of 10% of the impugned amount towards costs for the adjudicating authority.
What did the court decide?
The appeal was dismissed as it was not maintainable due to lack of pre-deposit.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
Diary No. 349 of 2019 (Arising out of S.A. 1348 of 2017 in DRT-II, Hyderabad)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
14.07.2023 M/s. Harishankar Bar & Restaurant … Appellant -VsIndian Bank & 5 Others … Respondents Mr. Nemani Srinivas, Learned Counsel for Appellant
Mr. Pankaj Kumar Mukherjee, Learned Counsel for Respondents No. 2 to 6
THE APPELLATE TRIBUNAL :
Compliance of order dated 17th April, 2023 regarding pre-deposit is not made. Thus, the appeal is not maintainable for want of pre-deposit.
Accordingly, the instant appeal, being Diary No. 349 of 2019, is dismissed being not maintainable.
Copy of the order be supplied to Appellant and the Respondents and a copy be also forwarded to the concerned DRT.
File be consigned to Record room.
Order dictated, signed, dated and pronounced in open Court.
Parties & counsel
- appellant
M/s. Harishankar Bar & Restaurant
- respondent
Indian Bank
Coram
Anil Kumar Srivastava
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · July
- CNR
- 191090003492019
- Topic
- Banking and Recovery
All orders in this case
10 orders share this CNR
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