J Srinivasalu v. 1 Union Bank of India and 2 K S Raja
Case brief
What is this about?
The Debt Recovery Appellate Tribunal dismissed an application seeking waiver of pre-deposit, ruling that the appellant's failure to comply with the 40% deposit order expired the timeline, causing the underlying appeal to be rejected.
What did the court decide?
The application for waiver was dismissed, resulting in the rejection of Appeal AIR 784/2024.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 16th day of June, 2025
PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN CHAIRPERSON
IA 817/2024 (Waiver)
In
AIR (SA) 784/2024
(Arising out of SA 251/2023 on the file of DRT - II, Chennai)
Between
J. Srinivasalu Residing at No.91, 1st floor, 6th Cross, Patel Muniyappa Layout, V. Naganhalli, RT Nagar (P), Bangalore - 32.
Also at: Mr. J. Srinivasalu, No. 366, Arasamara Street, Venkatasamudram Post, Via Thuthipet, Ambur Taluk, Tirupattur District – 635 811 … Appellant
And
Parties & counsel
- appellant
J. Srinivasalu
- respondent
The Authorised Officer Union Bank of India
Coram
G. Chandrasekharan
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · June
- CNR
- 331090007842024
- Bench
- G. Chandrasekharan
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