Prabhatabhai Rice Mill and Ors. v. Icici Bank Limited
Case brief
What is this about?
The appellant failed to make the required pre-deposit on time. Late production of the demand draft for an instalment was held insufficient compliance, resulting in dismissal of the appeal.
What did the court decide?
The appeal was dismissed due to non-compliance with pre-deposit directions and late production of the instalment demand draft.
What the court decided
BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present : Mr. Justice Ashok Menon, Chairperson
Misc. Appeal on Diary No.1246/2024
Between
Prabhatabhai Rice Mill and Ors.
… Appellant/s
V/s.
ICICI Bank Ltd.
…Respondent/s
Mr Radhe Agarwal along with Mr Saurabh Shrivastava i/b Mr Shailesh B. Hemke, Advocates for Appellants.
Ms Pritee Tapadiya, Advocate for Respondent.
-: Order dated: 20/09/2024:-
The appellants have not complied with the directions of this Tribunal by making the pre-deposit on time.
Issues for consideration
1 issue framed by the court
Whether the non-attendance for pre-deposit and late production of demand draft constituted sufficient compliance with the Tribunal's directions.
Parties & counsel
- appellant
Prabhatabhai Rice Mill and Ors.
- respondent
ICICI Bank Ltd.
Coram
Ashok Menon
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · September
- CNR
- 271090012462024
- Topic
- Banking and Recovery
Similar cases
Judgements on the same questions, provisions and authorities, from every court