S Shanmugam Priya and K Sakthivel v. Bank of Baroda
Case brief
What is this about?
The Tribunal noted that the appellants failed to comply with the order dated 12.11.2024 requiring a 25% pre-deposit of the disputed amount. Consequently, the Tribunal dismissed the pending waiver applications and rejected the appeals by giving effect to the conditional order.
What did the court decide?
IA 449/2022 and IA 450/2022 were dismissed for non-compliance of statutory deposit; Appeals AIR (SA) 267/2022 & AIR (SA) 268/2022 rejected.
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 9th day of December, 2024
PRESENT : HON’BLE MR. JUSTICE G. CHANDRASEKHARAN
CHAIRPERSON
IA 449/2022 (Waiver) In AIR (SA) 267/2022 & IA 450/2022 (Waiver) In AIR (SA) 268/2022
(Arising out of S.A.No.129/2021 On the file of DRT-II, Chennai & S.A.No.222/2021 On the file of DRT-II, Chennai)
Between
- S. Shanmugapriya, Wife of K. Sakthivel.
- K. Sakthivel, Son of G. Krishnaraj. Both are residing at No. 3801, Embassy Residency, Cheran Nagar, Perumbakkam, Chennai – 600 100. … Appellants
And
The Authorised Officer, Bank of Baroda, Regional Stressed Asset Recovery Branch, 1st Floor, No. 10, C.P. Ramasamy Road, Alwarpet, Chennai – 600 018. …Respondent
Issues for consideration
1 issue framed by the court
Whether the pre-deposit ordered by the Tribunal on 12.11.2024 was complied with by the appellants before the hearing on 04.12.2024?
Parties & counsel
- appellant
S. Shanmugapriya and K. Sakthivel
- respondent
The Authorised Officer, Bank of Baroda
Coram
G. Chandrasekharan
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · December
- CNR
- 331090002672022
- Topic
- Banking and Recovery
All orders in this case
16 orders share this CNR
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