State Bank of India v. Ramesh Rangnath Kirjat
Case brief
What is this about?
The Debt Recovery Appellate Tribunal allowed condonation of delay in appeals filed by the State Bank of India, requiring payment of costs and adjourning matters for merits consideration due to alleged valid mortgages, despite rejecting departmental delay as a valid reason.
What did the court decide?
Applications for condonation of delay allowed subject to payment of ₹3000/- each for books and periodicals; appeals to be considered on merits.