DRT Appeal Dismissed for Non-Deposit Restored by DRAT After Pre-Deposit Shown

Advertisement Madhya Pradesh Power Transmission Company Ltd. Vs. Punjab & Sind Bank & Ors. (DRAT Delhi) The appeal was decided by the Debt Recovery Appellate Tribunal, Delhi against an order dated 12.01.2018 passed by DRT-III, Delhi, which had dismissed the appellant’s appeal for non-compliance with the mandatory pre-deposit under Section 30 of the RDB Act. The dismissal related to an earlier Recovery Officer’s order dated 27.12.2016 in R.C. No. 255/2015. Before the Appellate Tribunal, the appellant submitted that payments amounting to about Rs.11 lakhs and odd had already been ...