Debts Recovery Tribunal dismissed an application to set aside an e-auction and quash recovery proceedings under the SARFAESI Act, holding that the plea was barred by limitation and the application for condonation of delay was devoid of merit.
Application for condonation of delay dismissed; Special Appeal dismissed being barred by limitation.
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IN THE DEBTS RECOVE.RY TRIBUNAL LUCKNOW
Present: A. H. Khan, Presiding Officer
Date of order 19-09-2022
S.A. No.573 of 2022
Present:-
Counsel for the applicant Counsel for the bank
Mr.Shakti Oiha Mr.S.M.Furqan alongwith Mr.Sanieev Sharma
l. Arguments on the issue of limitation were heard on 30-08-22 and case was reseryed for pronouncement of orders.
File be consigned to record room.
lA*n^,, Presiding Officer
1 issue framed by the court
Whether the application for setting aside the e-auction sale and quashing recovery proceedings is barred by limitation.
2 provisions across 2 enactments
Applicants
Bank
A. H. Khan
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
