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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
I.A. 414 of 2022
In Appeal No.73 of 2013
(Arising out of S.A. 96 of 2011 in DRT-1, Hyderabad)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA
CHAIRPERSON
13.01.2023
Radhika Silk Mills Private Limited & 2
Others
… Appellants
-vs-
State Bank of Hyderabad & Another
… Respondents
Mr.
Nemani
Srinivas
with
Mr. Nikunj Berlia and Ms. Shakshi
Rathi,
Learned
Counsel
for
Appellants
Ms. Mekhala Kanji, Learned Counsel
for Respondent Bank
THE APPELLATE TRIBUNAL :
I.A. 414 of 2022
The instant application is for refund of the pre deposit amount
which was deposited pending appeal.
Appeal No. 73 of 2013 was dismissed on default on
24th August, 2022.
As per office report, an amount of Rs.6,00,000.00 and
Rs.23,36,373.00 was deposited as Fixed Deposits in Indian Bank
(erstwhile Allahabad Bank) in Accounts No. 50458856128 and
50484090194 with TDR No. 379841 and 380070. It is also reported
by the office that no restoration petition has been filed after dismissal
of the appeal.
Since the amounts were deposited towards pre deposit in
compliance of the order dated 4th March, 2019, the same be refunded
to the Appellant in accordance with law.
Accordingly, I.A. 414 of 2022 is disposed of.
(Anil Kumar Srivastava,J)
Chairperson
Dated: 13th January, 2023
11/ac