State Bank of India v. Super Marble Stone Industries Pvt. Ltd.
Case brief
What is this about?
Allowing the miscellaneous appeal, the Tribunal directed the Debts Recovery Tribunal to decide the pending SARFAESI application expeditiously within two months.
What did the court decide?
Direction to DRT to decide SARFAESI Application expeditiously within two months.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
Dy. No. 515 of 2023
(Arising out of SA No. 85 of 2016 in DRT-1, Kolkata)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
- State Bank of India, Stressed Assets Recovery Branch, South Bengal, at Jeevan Deep Building, 1, Middleton Street, 2nd Floor, Kolkata -700071
…Appellants
- M/s. Super marble Stone Industries Pvt. Ltd., NH-6, Tenpur, Bagnan, Howrah, Pin -711303.
- Mr. Subrata Guchait, son of Santosh Kr. Guchait, Kulgachia, Chandipur, Uluberia, Howrah, Pin-711303.
- Mrs. Papita Guchait, wife of Subrata Guchait, Kulgachia, Chandipur, Uluberia, Howrah, Pin 711303.
… Respondent Counsel for the Appellants Mr. P. K. Roy, Learned Counsel Counsel for the Respondents Mr. Gaurav Singh, Learned Counsel JUDGMENT : On 4th August, 2023
Issues for consideration
1 issue framed by the court
Whether the SARFAESI Application pending since 2016 should be disposed of expeditiously.
Parties & counsel
- appellant
State Bank of India
- respondent
M/s. Super marble Stone Industries Pvt. Ltd.
- respondent
Mr. Subrata Guchait
- respondent
Mrs. Papita Guchait
Coram
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · August
- CNR
- 191090005152023
- Topic
- Banking and Recovery
All orders in this case
2 orders share this CNR
- Order 1 · Sukhendu Kumar Narjary
- Order 2 — this page · Anil Kumar Srivastava
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