State Bank of India v. Navneet Agarwal
Case brief
What is this about?
The Tribunal disposed of a miscellaneous appeal seeking expeditious disposal of a substantive appeal pending before the DRT-I Hyderabad. It directed the tribunal to decide the matter on its next hearing date without adjournment, allowing max one week if adjournment is granted with reasons.
What did the court decide?
Directed the DRT to decide the main appeal on 18.06.2024 without adjournment, with future adjournments limited to one week if granted.
1
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA Misc. Appl. Dy No. 67 of 2024
(Arising out of S.A. 55 of 2022 in DRT-I, Hyderabad)
THE HON’BLE JUSTICE SHRI ANIL KUMAR SRIVASTAVA, CHAIRPERSON
Order No. 05 15.05.2024
State Bank of India & Anr.
… Appellant Vs.
Navneet Agarwal & Anr.
….. Respondents
For Appellant : Ms. Sharmistha Pal, ld. adv. For Respondent : Mr. Nemani Srinivas, ld. adv.
THE APPELLATE TRIBUNAL :
Vakalatnama filed by respondent no.1 is taken on record.
Issues for consideration
2 issues framed by the court
Whether to direct the Debt Recovery Tribunal to decide the main Substantive Appeal expeditiously without adjournment.
Whether to issue directions for limiting the period for granting future adjournments if sought by either party.
Parties & counsel
- appellant
State Bank of India & Anr.
- respondent
Navneet Agarwal & Anr.
Coram
Anil Kumar Srivastava
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · May
- CNR
- 191090000672024
- Topic
- Banking and Recovery
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