Smt Cheruku Shobha v. Uco Bank
Case brief
What is this about?
Single judge dismissed application for waiver of predeposit in appeal under RDB Act. Appellant directed to deposit 50% of debt determined by DRT within six weeks.
What did the court decide?
Directed appellant to make predeposit of 50% of debt due within six weeks; I.A. 255 of 2023 disposed of.
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 DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
Diary No. 329 of 2023
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
31.07.2023 Smt. Cheruku Sobha & Another
… Appellants
-Vs-
UCO Bank & 2 Others
… Respondents
Mr. P. Ramchandar, Learned Counsel for Appellant
THE APPELLATE TRIBUNAL :
For Admission
I.A. 255 of 2023
This is an application praying for waiver of pre-deposit under Section 21 of The Recovery of Debts And Bankruptcy Act, 1993.
Issues for consideration
2 issues framed by the court
Whether predeposit under Section 21 of the RDB Act can be waived in appeal against DRT order.
Whether appellant guarantor is required to make predeposit equivalent to 50% of determined debt.
Parties & counsel
- appellant
Cheruku Sobha & Another
- respondent
UCO Bank & 2 Others
Coram
Anil Kumar Srivastava
Case details
As recorded by the court registry
All orders in this case
9 orders share this CNR
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