State Bank of India v. Mura Silks
Case brief
What is this about?
The Debt Recovery Tribunal condoned an 185-day delay in re-presenting a Section 11 actionable application by the applicant bank, granting an opportunity to prosecute the case subject to payment of costs to the Tamil Nadu State Legal Services Authority.
What did the court decide?
Delay of 185 days in re-presenting the OA is condoned subject to payment of Rs.2,000 cost and filing compliance report.