Udai Bir v. Noble Co. Opretive Bank Ltd.
Case brief
What is this about?
The Appellate Tribunal allowed the appellant's application to condone delay in filing the appeal and waived the need for further pre-deposit. The objection against maintainability was rejected to be decided on merits later.
What did the court decide?
Application for condonation of delay allowed; Waiver Application for pre-deposit allowed; Objection against maintainability rejected (merits deferred).
What the court decided
Appeal Dy. No. 124/2022 Dated : 14.07.2023
Udai Bir Vs. Noble Cooperative Bank Ltd.
Present: Shri Harsh Chopra, counsel for the appellant, Shri V.K. Dixit, counsel for the respondent-Bank,
Heard the learned counsels for the parties on the application filed by the respondent-Bank against the maintainability of the present appeal.
Learned counsel for the respondent-Bank (applicant in the present application) submits that he has filed the present application regarding maintainability of the appeal on the grounds that the S.A. filed by the appellant (in the present appeal) was barred by limitation and the same was dismissed on this ground alone vide order impugned in the present appeal, the present appeal filed under section 18 of the SARFAESI Act against the said order before this Tribunal is also barred by time, the appellant has not complied with the mandatory requirements of pre-deposit as stipulated under the said Act and the representation under section 13(3-A) against the demand notice under section 13(2) of the SARFAESI Act was also not filed by the appellant. The learned counsel further submits that as per settled proposition of law as laid down by the Hon’ble Apex Court, the present appeal is not maintainable.
Learned counsel for the appellant submits that an ex-parte order was passed against the appellant by the ADM, G.B. Nagar, Gautambudh Nagar on 22.11.2018 on the application of the Bank under section 14 of the SARFAESI Act, which was not served upon the appellant. When the respondent-Bank came to take possession of the property in question on 22.01.2019, then they came to know about the order passed by the ADM on the application under section 14. Thereafter, the S.A. was filed
before the Tribunal below. The learned counsel further submits that the Tribunal below passed the order impugned holding that since the day to day delay has not been explained, therefore, the S.A. was dismissed being barred by time.
Issues for consideration
3 issues framed by the court
Whether the delay in filing the present appeal under section 18 of the SARFAESI Act is condonable given the Tribunal's non-functioning and subsequent High Court filing.
Whether the appellant has satisfied the pre-deposit requirements to maintain the appeal regarding the outstanding loan amount.
Whether the objection raised by the Bank regarding the maintainability of the appeal regarding limitation and non-filing of objection should be rejected.
Parties & counsel
- appellant
Udai Bir
- respondent
Noble Cooperative Bank Ltd.
Coram
R. D. Khare
Case details
As recorded by the court registry
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