8,16,50,993/-, notice amount, as per Rule 13(2)(b) of the SARFAESI Rules, 2002. Consequently, the petitioner has sought ... basis of a sum of Rs.8,16,50,993/-, the notice amount.
It is made clear that DRAT cannot entertain any appeal without ensuring
such, there was no outstanding amount, due to the Bank.
8. It is the further submission of the petitioner that the appeal ... DRAT has passed an erroneous order, dated 10.09.2014, on the grounds that a waiver application ought to have been filed.
10. Referring to Rule
When this Court categorically recorded that as per Rule 13 of the Rules, 2002, the amount of fee payable to an appeal ... that the same required to be set aside.
8. With due respect, the approach of the DRAT, Chennai, on the basis of Registry
Shetty vs. Hotel Vandana Palace and others ) ( iv) (2014) 2 DRTC 561 (DRAT, Delhi) Shiv Kumar Aggarwal & Others v. Development Credit Bank ... Section 13(8) and 37 of the SARFAESI Act, Section 69 (A) of the Transfer of property Act, 1882, Rule 15 of Income
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
Edelweiss Asset Reconstruction ... vs Vintage Foods & Industries Ltd on 24 November, 2017
Author: S
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
