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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
(Misc. Appeal No. 36 of 2023)
(Arising out of I.A. No. 171 of 2023 in S.A. No.59 of 2023 in DRT-
Visakhapatnam)
HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA
CHAIRPERSON
1. Union Bank of India Maharanipeta Branch, represented by its Chief
Manager.
2. Authorized Officer, Union Bank of India, Maharanipeta Branch,
Visakhapatnam
…Appellants
-Versus-
M/s Whitemen Constructions Private Limited, Corporate Office, having
office at D.No. 9-17-27/1, Flat No. 201, CBM Compound, VIP Road,
Visakhapatnam, Pin -530003, represented by its Managing Director,
Gudivada Sivaram Prasad, son of G. Appa Rao, aged 52 years, residing at
Flat No. 8C, Ocean Apartments, Pedawaltair, Visakhapatnam, PIN -530017.
… Respondents
Counsel for the parties
Mr. Dipanjan Dutta,
Learned Counsel Mr.
Subhojit Chowdhury,
Learned Counsel for the
Appellant
None for the
Respondent
JUDGMENT
:
On 18th April, 2024
THE APPELLATE TRIBUNAL :
Heard the Learned Counsel for the Appellant and
perused the record. Despite service none is appearing for
the Respondents.
2.
Instant Appeal has been preferred against an order
dated 21.02.2023 passed by the Learned Debts Recovery
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Tribunal Visakhapatnam in I.A No. 171 of 2023 arising out of
SA No. 59 of 2023.
3.
Learned Counsel for the Appellant would submit that
the impugned order was passed at the very first day of the
filing of the SARFAESI Application. No opportunity was
granted to the Appellants herein to file any opposition.
Further, the impugned order was passed merely on the basis
of a statement made by the Appellant, that too for payment
of certain amount in future in equal instalments.
4.
A bare perusal of the impugned order would reflect that
the Respondents herein after filing the Application under
Section 17 of the
SARFAESI Act undertakes to make
payment of 15% of the notice amount within 20 days and
thereafter 10% within further 20 days from the date of first
payment and thereafter remaining amount shall be paid
within six equal monthly instalments. On the basis of the
undertaking, Learned DRT passed the impugned order.
5.
It is settled legal proposition of law that an order
against a party can only be passed after affording an
opportunity of hearing. Opportunity of hearing means that
notices be issued to the other parties and only then any
order should be passed. Further, in the present case
merely on the basis of a statement made by the SARFAESI
Applicant interim orders were passed which could not stand
the test of law.
6.
Accordingly, impugned order cannot be sustained and
is liable to be vacated. Appeal deserves to be allowed.
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ORDER
Appeal is allowed. Impugned order dated 21.02.2023
passed by the Learned DRT Visakhapatnam in SA No. 59 of
2023 is set aside. Learned DRT is hereby directed to decide
the matter after affording an opportunity of hearing to the
parties in accordance with law.
No Order as to costs.
File be consigned to Record Room.
Copy of the order be supplied to Appellant and the
Respondents and a copy be also forwarded to the concerned
DRT.
Copy of the Judgment/ Final Order be uploaded in the
Tribunal’s Website.
Order pronounced by me in the open Court on 18th
April, 2024.
(Anil Kumar Srivastava,J)
Chairperson
Dated: 18th April, 2024
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