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Core Purpose

Order authorising the Chairperson of the Debts Recovery Appellate Tribunal, Mumbai to additionally discharge the functions of Chairperson of the Debts Recovery Appellate Tribunal, Delhi under sub-section (3) of section 8 of the Recovery of Debts and Bankruptcy Act, 1993, for a specified appeal.

Detailed Summary

Order S.O. 511(E), issued by the Ministry of Finance (Department of Financial Services), New Delhi, dated 1st February 2024, under sub-section (3) of section 8 of the Recovery of Debts and Bankruptcy Act, 1993 (51 of 1993). The Central Government authorises the Chairperson of the Debts Recovery Appellate Tribunal (DRAT), Mumbai, to additionally discharge the functions of the Chairperson of the DRAT, Delhi, for the purpose of deciding the appeal in the matter of "M/s Standard Chartered Bank & Anr. Vs M/s SCK Infratech Pvt. Ltd. & Anr." (Appeal No. 233 of 2022, arising out of S.A. No. 450 of 2022, DRT-I, Delhi) and its connected proceedings, in addition to his role as Chairperson, DRAT Mumbai. The order is issued under F. No. 09/22/2023-DRT and signed by S D Sharma, Under Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-05022024-251805 No. 483] EXTRAORDINARY PART II-Section 3-Sub-section (ii) PUBLISHED BY AUTHORITY NEW DELHI, MONDAY, FEBRUARY 5, 2024/MAGHA 16, 1945 MINISTRY OF FINANCE (Department of Financial Services) ORDER New Delhi, the 1st February, 2024 S.O. 511(E).— In exercise of the powers conferred by sub-section (3) of section 8 of the Recovery of Debts and Bankruptcy Act, 1993 (51 of 1993), the Central Government hereby authorises the Chairperson of the Debts Recovery Appellate Tribunal, Mumbai to discharge also the functions of the Chairperson of the Debts Recovery Appellate Tribunal, Delhi for deciding the appeal in the matter of ‘M/s Standard Chartered Bank & Anr. Vs M/s SCK Infratech Pvt. Ltd. & Anr. (Appeal No. 233 of 2022 arising out of S.A. No. 450 of 2022 (DRT-I, Delhi) and its connected proceedings) in addition to his being the Chairperson of the Debts Recovery Appellate Tribunal, Mumbai. [F. No. 09/22/2023-DRT] S D SHARMA, Under Secy.

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