M/S a. K. Enterprise v. State Bank of India
Case brief
What is this about?
The Debt Recovery Appellate Tribunal dismissed the appeal for want of maintainability as the appellant failed to make the mandatory 40% pre-deposit under Section 21 of the Recovery of Debts & Bankruptcy Act, 1993, following the High Court's authorization of a 25% deposit.
What did the court decide?
The appeal was dismissed for want of compliance with the pre-deposit requirement.
What the court decided
1
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
Appl. Dy No. 395 of 2023
(Arising out of TOA No. 923 of 2017 – DRT Siliguri)
THE HON’BLE JUSTICE SHRI ANIL KUMAR SRIVASTAVA, CHAIRPERSON
Order No. 25
21.04.2025
- M/S A. K. ENTERPRISE having registered office at VILLAGE SARDARPARA, POST OFFICE BELAKOBA, DISTRICT JALPAIGURI
2.SRI ARUN KUMAR DAS residing at VILLAGE SARDARPARA, POST OFFICE BELAKOBA, DISTRICT JALPAIGURI
3.TANUSREE DAS residing at VILLAGE SARDARPARA, POST OFFICE BELAKOBA, DISTRICT JALPAIGURI
... Appellant
--Vs--
Issues for consideration
1 issue framed by the court
Whether the appeal is maintainable in the absence of the required pre-deposit under Section 21 of the Recovery of Debts and Bankruptcy Act, 1993.
Parties & counsel
- appellant
M/S A. K. ENTERPRISE
- appellant
ARUN KUMAR DAS
- appellant
TANUSREE DAS
- respondent
STATE BANK OF INDIA
Coram
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · April
- CNR
- 191090003952023
- Topic
- Banking and Recovery
All orders in this case
8 orders share this CNR
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