Dr Durgesh Prakash Sonawane v. Sadhana Sahkari Bank Ltd.
Case brief
What is this about?
In an appeal against an order of the Tribunal, the appellants failed to make the mandatory pre-deposit directed by the Tribunal. Consequently, the Debt Recovery Appellate Tribunal dismissed the appeal as inadmissible.
What did the court decide?
The appeal stands dismissed; miscellaneous applications are dismissed as infructuous.
What the court decided
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr. Justice Ashok Menon, Chairperson
Appeal on Diary No.872/2024
Between
Durgesh Prakash Sonawane & Anr. … Appellant/s V/s.
…Respondents/s
Sadhana Sahakari Bank Ltd & Ors. …Respondents/s Mr. Shantanu Kalekar, Advocate for Appellants appeared through Video Conferencing.
Mr Vijay Chandavale, along with Mr. Vishal Tambe, Advocate for Respondents.
-: Order dated: 15/05/2024:-
The Appellants have not complied with the direction of this Tribunal by making a pre-deposit.
Hence, the appeal stands dismissed.
Misc. Applications, if any, are dismissed as infructuous.
Sd/Chairperson
Issues for consideration
1 issue framed by the court
Whether the appeal stands allowed in view of the appellants' failure to make a pre-deposit.
Parties & counsel
- appellant
Durgesh Prakash Sonawane
- respondent
Sadhana Sahakari Bank Ltd
Coram
Ashok Menon
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · May
- CNR
- 271090008722024
- Topic
- Banking and Recovery
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