Amit D Shah v. Reliance Commercial Finance Limited
Case brief
What is this about?
The Debts Recovery Appellate Tribunal dismissed an application for waiver of pre-deposit. Consequently, the underlying appeal was rejected for failure to comply with an order dated 29.09.2025 to pay a 40% deposit by the specified deadline.
What did the court decide?
Application for waiver of pre-deposit dismissed, resulting in rejection of appeal.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 12th of November 2025
PRESENT: Hon’ble Mr. Justice G. Chandrasekharan
CHAIRPERSON
IA 22/2024 (Waiver)
IN
AIR (SA) 1720 of 2023
(Arising out of the order in IA 1627/2023 in SA 468/2023 on the file of DRT-II, Chennai
Between
- Amit D.Shah, S/o Mr. Deepchand N. Shah 102/103 Barrakka Road, Aiswariyam Apartments, IC, ‘B’ Block, Kellys,
Kilpauk, Chennai 600 010.
- Hemali A. Shah, W/o Amit D. Sha 102/103 Barrakka Road, Aiswariyam Apartments, IC, ‘B’ Block, Kellys, Kilpauk, Chennai 600 010.
Issues for consideration
1 issue framed by the court
Whether the appeal should be allowed given the non-compliance with the order for pre-deposit.
Parties & counsel
- appellant
Amit D. Shah
- appellant
Hemali A. Shah
- respondent
The Authorized Officer, Union Bank of India
- respondent
The Authorized Officer, Authum Investment & Infrastructure Ltd.
Coram
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · November
- CNR
- 331090017202023
- Topic
- Banking and Recovery
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