Amit D Shah v. Reliance Commercial Finance Limited
Case brief
What is this about?
The Debts Recovery Appellate Tribunal, Chennai, heard an application for waiver of statutory pre-deposit. The court noted the appellants failed to deposit the required 40% amount within the deadline. Consequently, the Tribunal dismissed the application for waiver.
What did the court decide?
Application for waiver of statutory deposit dismissed; reference appeal rejected.
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 23/2024
IN
AIR (SA) 1721 of 2023
(Arising out of the order in IA 1629/2023 in SA 469/2023 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.
Issues for consideration
1 issue framed by the court
Whether the appeal should be dismissed due to the appellants' failure to make the statutory pre-deposit within the stipulated timeline.
Parties & counsel
- appellant
Amit D. Shah
- appellant
Hemali A. Shah
- respondent
Union Bank of India
- respondent
Reliance Commercial Finance Limited
- respondent
Authum Investment & Infrastructure Ltd.
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court