Soma Enterprises Limited v. Union Bank of India
Case brief
What is this about?
Appeal declined in DRAT due to pending objection regarding DRT-I application pendency and non-compliance despite opportunities.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
A.IR:174/2023
Soma Enterprises Ltd V/S Union Bank Of India
07/06/2023
Appellant counsel present.
The objection with respect to pendency of application with respect to DRT-I is still pending for compliance despite opportunities given earlier.
Hence, Appeal is declined in terms of Rule 6(4) of the DRAT Procedure Rules, 1994, as objections not complied in reasonable time.
Registrar
Sd/-
Parties & counsel
- appellant
Soma Enterprises Ltd
- respondent
Union Bank Of India
Case details
As recorded by the court registry
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