Debts Recovery Tribunals and Appellate Tribunals
Ms K K R Cotton Company vs INDIAN OVERSEAS BANK on 16 March 2020
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**DEBTS RECOVERY TRIBUNAL** VISAKHAPATNAM
MA 97/2019 in SA 119/2018 Dt: 16.03.2020
This MA is filed by the petitioners to condone delay of 149 days for filing review application to review the Orders passed in SA 119/2018 dt: 06.03.2019. This Court objected maintainability of petition and further petitioners did not satisfy the Tribunal regarding maintainability of the petition. Further, petitioners have taken several adjournments and at the request of petitioners time extended for hearing vide order 18.02.2020. Moreover, this petition (MA 97/2019) is filed on 12.09.2019 and Orders is SA 119/2018 was passed on 06.03.2019 which was delivered on merits after hearing both sides. Therefore, the present petition (MA 97/2019) is not maintainable and condonation of delay is also not maintainable. Further, petitioners are not interested to prosecute the matter and petitioners are not ready to prosecute the matter inspite of conditional order 18.02.2020. Therefore, considering the facts and circumstances of the case, I feel that this petition (MA 97/2019) is dismissed for non prosecution of the matter as petitioners/ applicants are not interested to prosecute the matter however without costs.
*Anoop* PO: 16/3/2020