expiry of 30 days provided under Rule 8 and 9 of Security Interest (Enforcement) Rules, 2002. The secured asset was valued ... procedure laid down under the rules were followed. The said finding has been reaffirmed by the DRAT. It is not the case
India in order to oversee the functioning of the DRTs and DRATs. Section 18 of the RDDBFI Act leaves no scope for doubt in this ... tribunals [ Shalini Shyam Shetty & Anr. v. Rajendra Shankar Patil [(2010) 8 SCC 329]]. Hence, in light of the above, we expect that
DRAT should have considered that DRT has recorded the fact that the first respondent has not served the demand notice as required under the Rules ... Letter termed as pre-sale notice cannot satisfy the compliance of Rule 8 and 9 of the Security Interest (Enforcement) Rules.
13. Respondent
India in order to oversee the functioning of the DRTs and DRATs. Section 18 of the RDDBFI Act leaves no scope for doubt in this ... tribunals [ Shalini Shyam Shetty & Anr. v. Rajendra Shankar Patil [(2010) 8 SCC 329]]. Hence, in light of the above, we expect that
Banks and Financial Institutions Act, 1993 (51 of 1993) and rules made thereunder.
3. Answering the question as to why a statutory appeal, under ... submitted that the Hon'ble Chair Person, DRAT, Chennai, is on leave, resuming office, on 8/6/2018 and therefore, instant writ petition
cause is not a rule of law. It is a matter of fact and rule of prudence.
8. After considering the rival contentions ... restoration till 23/2/2012, when parties made appearance in DRAT in respect of hearing based on S.A.No.313/2010.
9. But after
memo filed before the DRAT, Chennai and copies of the Demand Drafts drawn in favour of the Registrar, DRAT, Chennai.
4. We have perused ... regular appeal number and dispose of the appeal, in accordance with DRAT Rules.
9. The writ petition is ordered accordingly. Consequently, the connected miscellaneous
State Bank Of India vs The District Collector on 4 September, 2018
Author: S.Manikumar
The Central Bank Of India vs The South Indian Bank Ltd on 9 January, 2018
The Central Bank Of India vs The South Indian Bank Ltd on 9 January, 2018
