Shanthi v. Punjab National Bank
Case brief
What is this about?
Appeal rejected for non-compliance with a conditional order requiring a statutory deposit by a specified deadline.
What did the court decide?
Appeal rejected.
What the court decided
A compact analysis
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
IA 642/2021
in A.IR:191/2021
Shanthi V/S A.O.,Punjab National Bank & Ors
31/07/2023
This appeal is coming up today for reporting compliance of statutory deposit.
As per conditional order dated 11.7.2023 passed in IA 642/2021(Waiver), appellant shall deposit a sum of Rs.1,31,87,737/- on or before 25.7.2023 and failure to deposit the same would result in dismissal of appeal.
Today Ld. Counsel for appellant submitted that money is not deposited and sought further time. As it is a conditional order, request for further time is refused.
Therefore, Appeal AIR (SA) 191/2021 is rejected, by giving effect to order dated 11.7.2023 for non compliance of statutory deposit
Sd/Chairperson
Parties & counsel
- appellant
Shanthi
- respondent
A.O., Punjab National Bank & Ors
Coram
Chairperson
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · July
- CNR
- 331090001912021
- Topic
- Banking and Recovery
All orders in this case
17 orders share this CNR
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