Purulia Chemicals Private Limited v. State Bank of India
Case brief
What is this about?
The Debt Recovery Appellate Tribunal dismissed the appeal in default alongside an interim application under Section 18 of the SARFAESI Act, 2002, as the appellant was not present for hearing.
What did the court decide?
Dismissal of the appeal and the application for waiver from making pre-deposit.
What the court decided
IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA CHAIRPERSON
Misc. Appeal Dy. No. 964 of 2024
(Arising out of I.A. 696 of 2024 in TSA 10 of 2023 in DRT-1 Kolkata)
Order No.12 19.05.2026
Purulia Chemicals Pvt. Ltd. & Ors ……Appellant -Vs-
State Bank of India & Others. … Respondents
None for the Appellant.
Mr. Anirban Pramanick, Learned Counsel for Respondent Bank
THE APPELLATE TRIBUNAL :
The matter is taken up in the revised list. None is present for the Appellants. Mr. Anirban Pramanick, Learned Counsel for the Respondent is present. I.A. No. 08 of 2025 Application under Section 18 of the SARFAESI Act, 2002 for waiver from making pre-deposit is dismissed in default. Consequently, Appeal being Misc. Appeal Dy. No. 964 of 2024 is dismissed in default being not maintainable.
Parties & counsel
- appellant
Purulia Chemicals Pvt. Ltd. & Ors.
- respondent
State Bank of India & Others
Coram
Anil Kumar Srivastava
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · May
- CNR
- 191090009642024
- Topic
- Banking and Recovery
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