Sri Samir Chatterjee and Anr. v. Fullerton India Credit Company Ltd. and Anr.
Case brief
What is this about?
The Debt Recovery Tribunal dismissed the SARFAESI application for non-prosecution and non-compliance after neither party appeared despite repeated calls. The court found the applicants lacked diligence to proceed with the case.
What did the court decide?
The application (SA 160 of 2022) was dismissed for non-prosecution and non-compliance of Tribunal orders.