RAMESH KUMAR DATTA
Silverson Tea Company – Appellant
Versus
Union of India – Respondent
The petitioner-company has assailed the order dated 20.2.2008 passed by the Debts Recovery Appellate Tribunal (DRAT) at Kolkata in Appeal No. 13 of 2007/Claim Petition No. Appeal Case 8 of 2005/ Application No. 10 of 2006 by which the Appellate Tribunal has set aside the impugned order dated 16.1.2006 of the Debts Recovery Tribunal, Patna and directed that the objection petition of the appellants (respondent nos. 9 and 10), the Certificate Debtor No.4 as well as the interveners (respondent nos. 11 and 12) against the order of attachment of the property dated 4.8.2004 by the Recovery Officer be decided afresh on merits by the Debts Recovery Tribunal, Patna instead of by the Recovery Officer. It has further held that the auction sale which has been held on 20.1.2006 shall stand cancelled and the parties who participated in the auction sale shall be at liberty to withdraw the deposits, if there be any. The petitioner-company, being the purchaser at the auction sale held on 20.1.2006, is aggrieved by the said order and has challenged the same.
2. The petitioner has also challenged the compromise entered into between the certificate holder-Bank, respondent no. 5 and the certificate
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.