The Debts Recovery Appellate Tribunal, Mumbai, dismissed the appeal against an order of dismissal for non-compliance with a pre-deposit of ₹50 crores, noting the necessary deposit had not been made.
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BEFORE THE DEBTS RECOVERY APPELLATE TRIBUNAL, AT: MUMBAI Present : Mr. Justice Ashok Menon, Chairperson
Appeal on Diary No. 2257/2023
Between
Sanjay Kumar Narayan Prakash Arora & Ors. … Appellant/s V/s.
State Bank of India
…Respondent/s
Mr. Padamkar G., Advocate for Respondent.
For entertaining the appeal the Appellants were directed to deposit a sum of ₹50 crores as pre-deposit.
The order has not been complied with which resulted in the dismissal of the appeal.
Hence, the appeal stands dismissed.
Interlocutory Applications, if any, are dismissed as infructuous.
psa-15
Sd/Chairperson
1
Sanjay Kumar Narayan Prakash Arora & Ors.
State Bank of India
Ashok Menon
As recorded by the court registry
2 orders share this CNR
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