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2024 Supreme(Cal) 1670

IN THE HIGH COURT AT CALCUTTA, CIRCUIT BENCH JALPAIGURI
BIVAS PATTANAYAK
Bizmart Projects Private Limited – Appellant
Versus
Bank of Baroda – Respondent


Advocates Appeared:
For the Appellants : Nilesh Mishra, Arnab Saha, Debjit Mukherjee
For the Respondents: Tapas Paul, Mahim Sasmal

JUDGMENT :

BIVAS PATTANAYAK, J. 

1. This civil revisional application under Article 227 of the Constitution of India has been preferred by the petitioners challenging the impugned order dated 4th March, 2024 passed and sale notice dated 24th January, 2024 issued by the learned Recovery Officer, Debts Recovery Tribunal, Siliguri in R.C. No. 4 of 2021.

2. The brief fact of the case is that the opposite party no.1-Bank of Baroda initiated a proceeding before the learned Debts Recovery Tribunal, Siliguri under Section 19 of the Recovery of Debts and Bankruptcy Act, 1993 (hereinafter referred to as the "RDB Act") being O.A. No. 4 of 2019 for recovery of the alleged debt assessed to the tune of Rs. 7,52,47,142.89/- against the petitioners and the proforma respondents. On 23rd March, 2021, the learned Presiding Officer, Debts Recovery Tribunal, Siliguri passed judgment and decree in the aforesaid O.A. Consequent thereto a recovery proceeding was initiated before the learned Recovery Officer, Debts Recovery Tribunal, Siliguri which has been registered as R.C. No. 4 of 2021. The learned Recovery Officer on 13th January, 2022 as per requirement directed the opposite party no.1-Bank to serve dem

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