Prime Downtown Estates Pvt. Ltd. v. Yes Bank
Case brief
What is this about?
The registrar declined to register a transfer petition filed by Prime Downtown Estates Pvt Ltd due to failure to remove registry objections, presuming lack of interest in pursuing the matter.
What did the court decide?
Transfer Petition (D) No.2106/2023 declined for registration
What the court decided
Debts Recovery Appellate Tribunal, Mumbai
Transfer Petition (D) No.2106/2023
Prime Downtown Estates Pvt Ltd
Appellant
V/s.
Yes Bank Ltd & Ors
Respondent
Transfer Petition (D) No.2106/2023 is listed in today’s board (14.05.2024) before the Registrar at 02.30 PM for compliance/removal of defects. The said Board is displayed in Public Notice on the website of DRT/DRAT and also on the Notice Board of DRAT Mumbai.
None present for the Appellant when matter is called.
Transfer Petition (D) No.2106/2023 was filed on 20.11.2023 and certain objections were raised by the registry for compliance/removal of defects. However, despite sufficient opportunity, appellant failed to comply with/remove the defects till date.
Therefore, it is presumed that, the appellant is not interested in pursuing with the matter.
Parties & counsel
- appellant
Prime Downtown Estates Pvt Ltd
- respondent
Yes Bank Ltd
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · May
- CNR
- 271090021062023
- Bench
- Nishad Fazil F
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