Guarantors/Directors will be withdraw
and/or deleted from Banks Willful Defaulters List, CIBIL,
RBIs Defaulters list and/or submitted to any other allied
data
name further continued to show as a willful defaulter in
the CIBIL database. Thereafter, vide email dated 12 th July, 2019, COC
informed Appellant that ... Appellant had been declared as 'willful defaulter' and his
name appears as such on the CIBIL's database. Hence
several documents before the Adjudicating Authority evidencing
debt and default such as record of default under the report of the Central
Repository of Information ... been classified as SMA-
1 and under the report of CIBIL the record of default has been summarised.
Further, the statement of accounts
particulars of the
Financial Debt has been given and the debt and default has been
mentioned as on 05.11.2014. It is an admitted fact that ... defaulted in making repayment of
loan/cc to the Petitioner Bank and the date of
default is 05.01.2014. the Statement of Accounts
and the CIBIL
that
the Hypothecation Deed, Loan Agreement, CIBIL Record,
Admission of the 'Debt and Default' was not considered; that
Hypothecation is a method
Myotic Trading Private Limited vs Deepak Maini Resolution Professional ... on 12 March, 2026
NATIONAL COMPANY
Myotic Trading Private Limited vs Deepak Maini Resolution Professional ... on 12 March, 2026
NATIONAL COMPANY
therefore the date of default cannot be 30/03/2014.
Further, it is argued that the CIBIL report dated 12/12/2014 showed
the account ... Application is triggered from
15/06/2013 the date of 'default' or from 31/03/2014 on which date
the Bank has classified
therefore the date of default cannot be 30/03/2014.
Further, it is argued that the CIBIL report dated 12/12/2014 showed
the account ... Application is triggered from
15/06/2013 the date of 'default' or from 31/03/2014 on which date
the Bank has classified
relation to facility 2B, hence, default continues
and sanction letter dated 19.05.2017 has no consequence with regard to
default covered by Bucket 2B. The letter ... Bank has also filed CIBIL Report dated 19.09.2018 before the Adjudicating
Authority as well as NeSL Report which proved default on the part
