Mr G Panduranga Kamath v. Fedbank Financial Services Ltd.
Case brief
What is this about?
Debts Recovery Tribunal dismissed the Appeal and IA for condonation of delay, holding it lacks power to extend limitation periods under SARFAESI Act despite applicants' claims of due diligence and good faith.
What the court decided
IN THE DEBTS RECOVERY TRIBUNAL.I,KARNATAKA AT BENGALURU
Dated this the 17th day of August2022
Present: Sri IMTIAZ ALI Presiding officer
I.A.No.1306/ 2022 in
s.A. No.323l2022
BETWEEN:
- Mr G. PandurangaKamath, Aged about 68years, S/o late G. AppurayaKamath
- lvlrs Pallavi PKamath, Aged about 67 Years, WoMr G. Panduranga Kamath
Both are residingat No.106, 1st Floor, BSR KoorlaResidency, Property No.56/2,Kogilu Village, Yelahanka Hobli, Bangalore NorthTaluk, BanAalore-560 063
.. APPELLANTS
AND:
- The AuthorizedOfflcer, FEDBANK FinancialServicesLimited, Having its corporateoffice at Unit No.5O1,502, 511 to 513,
Parties & counsel
- appellant
Mr G. Panduranga Kamath
- appellant
Mrs Pallavi P Kamath
- respondent
Authorized Officer, FEDBANK Financial Services Ltd
- respondent
M/s B.S.R. Enterprises
- respondent
Mr G. Praveen Kumar Reddy
- respondent
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court