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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present: Mr Justice Ashok Menon, Chairperson
I.A. No.137/2024(WoD)
In
Appeal on Diary No. 374/2024
Between
Sahajannad Infrastructure & Ors. … Appellant/s V/s.
Authorized Officer, South Bank of India. …Respondent/s
Mr. Gaurang Kinkhabwala, i/b Ms. Kanjani Trivedi, Advocate for Appellants.
Mr. Saurabh Saxena, i/b Mr. Dileep Paranjape, Advocate for Respondent.
-: Order dated: 27/02/2024:-
The Appellants are in appeal aggrieved by the order of the Debts Recovery Tribunal-II, Ahmedabad (D.R.T.) wherein the prayer of the Appellants for an early hearing of the interlocutory application was posted today for hearing. Whereas there was a sale which was scheduled to take place yesterday.
The Ld. Counsel appearing for the Respondent Bank submits that the sale failed for want of bidders and therefore, a fresh notice will have to be issued for selling the property.
The D.R.T is at liberty to hear the application for interlocutory reliefs.
Given this fact, the appeal has become infructuous and hence, it is disposed of.
Sd/Chairperson
rm-4
1
Sahajannad Infrastructure & Ors.
Authorized Officer, South Bank of India
Ashok Menon
As recorded by the court registry
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