The appeal filed by the Appellants was dismissed as infructuous based on the submission of the Learned Counsel that the appeal had become futile under Section 11 of the SARFAESI Act.
The appeal was dismissed as infructuous. Pending interim applications were also closed.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
Appeal No. 37 of 2019 (Arising out of S.A. 130 of 2018 in DRT-II, Kolkata)
Order No. 21
10.02.2025 State Bank of India & 3 Others … Appellants -VsShree Sanyeeji Steel & Power Limited & 5 Others Respondents Mr. Soumya Roy with Mr. Santosh Mahato, Learned Counsel for Appellant
THE APPELLATE TRIBUNAL :
I.A. 09 of 2025
Application filed by Appellant for withdrawal of the appeal.
Learned Counsel for Appellant submits that the appeal has become infructuous and prays for withdrwal.
In view of the submission made by the Learned Counsel for
Appellant, the appeal is dismissed as infructuous.
Pending I.A.s, if any, also stand closed.
Copy of the order be supplied to Appellant and the Respondent
Bank and a copy be also forwarded to the concerned DRT.
File be consigned to Record room.
Order dictated and pronounced in open Court.
(Anil Kumar Srivastava,J) Chairperson
Dated 10th February, 2025 06/ac
State Bank of India & 3 Others
Shree Sanyeeji Steel & Power Limited & 5 Others
Anil Kumar Srivastava
As recorded by the court registry
14 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
