Unexplained 2417-Day Delay Inexcusable, Recovery Appeal Dismissed: DRAT Chennai

M. Padma Sree Vs State Bank of India (DRAT Chennai) The application before the Debts Recovery Appellate Tribunal (DRAT), Chennai, sought condonation of a 2417-day delay in filing an appeal against the order dated 18.09.2017 passed by the Presiding Officer, DRT-II, Chennai in OA No. 333/2015. The original application had been filed by the respondent banks for recovery of ₹1,15,39,31,669.57 from Defendants 1 to 6. While Defendants 7 to 12 contested the proceedings, the remaining defendants did not. The DRT allowed the original application against Defendants 1 to 6 and dismissed it against Defe...