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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT KOLKATA
(Appeal No. 34 of 2024)
(Arising out of S.A. No. 110 of 2019 in DRT-2 Kolkata)
THE HON’BLE MR. JUSTICE ANIL KUMAR SRIVASTAVA
CHAIRPERSON
1. Bivas Garu son of Shri Joydev Garu, village -Paobanki, P.O.-
Panskura, Police Station – Panskura, District – Purba Medinipur, Pin
code -721139.
…Appellants
-Versus-
1. Authorised Officer, Punjab National Bank, Purba Medinipur, Regional
Office. Mecheda-Haldia State Highway, Pudumbasan, P.O.- Tamluk,
District -Purba Medinipur, Pin Code -721636.
2. The Branch Manager, Punjab National Bank, Purba Medinipur, Mecheda-
Haldia State Highway, Pudumbasan, P.O.- Tamluk, District -Purba
Medinipur, Pin Code -721636.
… Respondents
Counsel for the parties
Mr. Nimish Mishra,
Learned Counsel Mr. Abir
Mondal, Learned Counsel
for the Appellant
Mr. Debasish
Chakrabarty,
Learned Counsel Ms.
Sharmistha Pal,
Learned Counsel for
the Respondent.
JUDGMENT
:
On 1st April, 2024
THE APPELLATE TRIBUNAL :
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Compliance of the order dated 10th January, 2024 is
made. Accordingly, let the Appeal be admitted by providing
a regular appeal number.
Heard the Learned Counsel for the parties and perused
the record. Appellant is aggrieved by the impugned order
dated 28.08.2019 whereby the Learned DRT dismissed the
SA application being infructuous.
Learned Counsel for the Appellant would submit that
Appellant filed an application under Section 17 of the
SARFAESI Act challenging the sale notice. On the very 3rd
day of filing of the application merely on the basis of the
statement of Learned Counsel for the Bank that property has
been sold, SARFAESI application was dismissed being
infructuous.
As far as contentions raised by the SARFAESI applicant
in the SARFAESI Application are concerned, that have to be
looked into by the Learned DRT. Whether the sale notice
was bad in law or not, a categorical finding has to be
recorded. Without going into the merits of the matter
simply holding the SARFAESI application infructuous is an
order which could not be sustained. Accordingly, impugned
order is set aside.
ORDER
Appeal is allowed. Impugned order dated 28.08.2019
is set aside. The matter is remanded back to the Learned
DRT to decide it afresh after affording an opportunity of
hearing to the parties in accordance with law. Learned
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Counsel for the Appellant submits that amount deposited as
pre-deposit may be refunded to the Appellant. Accordingly,
Registry is directed to refund the amount of pre- deposit 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 signed and pronounced by me in the open Court
on this the 1st day of April, 2024.
(Anil Kumar Srivastava,J)
Chairperson
Dated: 1st April, 2024
2/tp