Bombay High Court Directs DRT to Deliver Judgment Within Four Weeks in Recovery Appeal — Delay in Pronouncement After Hearing Concluded Held Unjustified. Presiding Officer of Debts Recovery Tribunal repeatedly adjourned pronouncement of judgment for over six months after hearing concluded, amounting to failure to exercise jurisdiction under Section 30 of Recovery of Debts Due to Banks and Financial Institutions Act, 1993.
22 Nov 2011The Petitioner, International Asset Reconstruction Company Pvt. Ltd., had filed an application for sale of immovable property mortgaged in its favour ...
