Chacko John v. Indian Overseas Bank
Case brief
What is this about?
The Debt Recovery Appellate Tribunal at Chennai dismissed the appellant's application for waiver of pre-deposit due to non-compliance with a prior order directing a 50% deposit within the stipulated period. Consequently, the underlying appeal was rejected.
What did the court decide?
Application for waiver of pre-deposit dismissed; underlying appeal AIR (SA) 280/2019 rejected.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 21st Day of January, 2025
PRESENT: HON'BLE MR. JUSTICE G. Chandrasekharan CHAIRPERSON
IA 969/2019 (Waiver)
In
AIR (SA) 280/2019
(Arising out of SA 104/2017 on the file of DRT-II, Ernakulam)
Between
Chacko John, S/o Chacko, Residing at Neerumplackal House, Nellimala P.O. Pathanamthitta …Appellant
And
- The Authorised Officer (Chief Manager) Indian Overseas Bank, Regional Office, M.G. Road, Thiruvananthapuram.
- The Branch Manager, Indian Overseas Bank, Kumbanad Branch, Ward No. V/298A, Kumbanad P.O., Pathanamthitta.
Issues for consideration
1 issue framed by the court
Whether the appeal should be allowed in the absence of the mandated pre-deposit?
Parties & counsel
- appellant
Chacko John
- respondent
The Authorised Officer (Chief Manager) Indian Overseas Bank, Regional Office, M.G. Road, Thiruvananthapuram
- respondent
The Branch Manager, Indian Overseas Bank, Kumbanad Branch, Ward No. V/298A, Kumbanad P.O., Pathanamthitta
- respondent
John Jacob
Coram
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · January
- CNR
- 331090002802019
- Topic
- Banking and Recovery
All orders in this case
28 orders share this CNR
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