Bollu Venkatesh v. Iifl Home Finance Limited
Case brief
What is this about?
The Appellate Tribunal dismissed the appellant's appeal as not maintainable due to non-compliance of the pre-deposit requirement applicable to the DRT appeal.
What did the court decide?
The appeal was dismissed as not maintainable due to non-payment of pre-deposit.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
Appeal Dy. No. 981 of 2024
Order No.20 28.07.2026
Sri Bollu Venkatesh & Ors. ……Appellant -VsM/s IIFL Home Finance Ltd. … Respondents
Mr. Shreyash Basu Dasgupta, Learned Counsel for the Appellant (virtual).
Mr. B. Chakrabarty, Learned Counsel Ms. Tutul Das Singh, Learned Counsel for the Respondent
THE APPELLATE TRIBUNAL :
Compliance of the order dated 27th April, 2026 regarding Pre-deposit is not made by the Appellant. Accordingly, Appeal is dismissed being not maintainable.
Pending I.A.s if any, are disposed of accordingly. Interim order, if any, stands vacated.
File be consigned to Record Room.
Issues for consideration
1 issue framed by the court
Whether an appeal is maintainable in a DRT appeal when the pre-deposit on a disputed order has not been complied with.
Parties & counsel
- appellant
Sri Bollu Venkatesh & Ors.
- respondent
M/s IIFL Home Finance Ltd.
Coram
Anil Kumar Srivastava
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · July
- CNR
- 191090009812024
- Topic
- Banking and Recovery
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