M/S Chandan Agro Rice Tech v. Union Bank of India
Case brief
What is this about?
The Debts Recovery Appellate Tribunal dismissed the appeal in default as it was not maintainable, following the dismissal of the connected Application under Section 18 of the SARFAESI Act, 2002.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
Appeal Dy. No. 127 of 2025
(Arising out of T.A. 1667 of 2024 in NDN No. 961 of 2024 in DRT, Cuttack)
Order No.12 18.05.2026
M/s. Chandan Agro Rice Tech
……Appellant -Vs-
A.O., Union Bank of India & Ors. … Respondents
None for the Appellants.
Mr. Ranajit Chowdhury, Learned Counsel for Respondents.
THE APPELLATE TRIBUNAL :
Matter is taken up in the revised list. None is present for the Appellants. Learned Counsel for the Respondents is present.
I.A. No. 91 of 2025 Application under section 18 of the SARFAESI Act, 2002 for waiver from making pre-deposit is dismissed in default. Accordingly, Appeal is also dismissed in default being not maintainable.
Parties & counsel
- appellant
M/s. Chandan Agro Rice Tech
- respondent
A.O., Union Bank of India & Ors.
Coram
Anil Kumar Srivastava
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · May
- CNR
- 191090001272025
- Topic
- Banking and Recovery
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