The DRT dismissed the appeal filed by Hemali Saurabh Shah against IDFC Bank Limited for non-deposit of 50% debt dues under Section 30-A of the RDB Act, 1993, after pending since June 2023.
None. Appeal dismissed for non-deposit of dues under Section 30-A; file closed.
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| 16/01/2024 | Ex. No. |
Before Presiding Officer Dr. Rekha G. Dhakar, DRT-1, Mumbai. Roznama in Appeal 10 of 2023 Hemali Saurabh Shah and Anr Vs IDFC Bank Limited |
Next date |
|---|---|---|---|
| Advocate Raj D. appeared for the Appellant. Advocate Rajesh Nagory i/b Naik Naik & Co. appeared for the Respondent. Despite opportunity the Appellant neither deposited 50% of the debt dues as provided under Section 30-A of the Recovery of Debts and Bankruptcy Act, 1993 and matter is pending since June 2023 therefore, the present matter is dismissed on non-deposit and non-compliance of the Section 30-A of the Recovery of Debts and Bankruptcy Act, 1993. File be closed and consigned to record room. P.O. DRT-I |
Sgj/-34
1 issue framed by the court
Whether the appeal should be disposed of due to non-deposit of provision amount under Section 30-A of the Act.
1 provisions across 1 enactments
Hemali Saurabh Shah and Anr
IDFC Bank Limited
Dr. Rekha G. Dhakar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
