Debts Recovery Tribunals and Appellate Tribunals
UNION BANK OF INDIA vs M/s Balaji Universal Tradelink Pvt Ltd on 6 October 2023
IN THE DEBTS RECOVERY TRIBUNAL No.2, MUMBAI
(BEFORE HON’BLE PRESIDING OFFICER)
ORDER SHEET
06.10.2023
Sr. No.56
RA No.1 of 2013
classifi
-cation
No. of
Exh.
Union Bank of India
Vs.
M/s. Balaji Universal Tradelink Pvt. Ltd. & Ors.
Mr Umar F. Azam i/b M/s. M.V. Kini & Co. – Advocates for the applicant.
Ms Rekha R. Jaiswar i/b Mr S.P. Bajaj – Advocate for defendants.
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1. The learned counsel for the applicant fairly concedes that the predecessor-in-office used the discretion to the grant pendent lite and future interest at the rate of 10% per annum. In view of the statement made by the learned counsel for the applicant, Review Application does not survive and therefore, Review Application No.1 of 2013 stands dismissed with no order as to costs.
Sd/- Presiding Officer, DRT-2, Mumbai Nidhi