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Core Purpose

Order by the Department of Financial Services authorising the Chairperson, Debts Recovery Appellate Tribunal, Mumbai to additionally discharge the functions of Chairperson, Debts Recovery Appellate Tribunal, Delhi for two specified appeals.

Detailed Summary

The Ministry of Finance, Department of Financial Services, vide S.O. 93(E) dated 1 January 2024, in exercise of powers under sub-section (3) of section 8 of the Recovery of Debts and Bankruptcy Act, 1993 (51 of 1993), authorised the Chairperson of the Debts Recovery Appellate Tribunal, Mumbai to also discharge the functions of Chairperson of the Debts Recovery Appellate Tribunal, Delhi, in addition to his Mumbai role, for the purpose of deciding two specified appeals: "Punjab National Bank Vs M/s Jalan Containers Mfg. Corp. and Ors." (Appeal No. 111 of 2023, arising from O.A. No. 1118 of 2022 and connected proceedings), and "M/s Satbir Khad Bhandar & Anr. Vs Punjab National Bank" (Appeal No. 250 of 2023, arising from S.A. No. 146 of 2021 and connected proceedings). Issued under F. No. 09/22/2023-DRT and signed by Subhashchandra Amin, Under Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-09012024-251222 EXTRAORDINARY PART II—Section 3—Sub-section (ii) PUBLISHED BY AUTHORITY No. 86] NEW DELHI, TUESDAY, JANUARY 9, 2024/PAUSHA 19, 1945 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF FINANCE (Department of Financial Services) ORDER New Delhi, the 1st January, 2024 S.O. 93(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 appeals in the matter of ‘Punjab National Bank Vs M/s Jalan Containers Mfg. Corp. and Ors. (Appeal No. 111 of 2023 arising out of O.A. No. 1118 of 2022 and its connected proceedings)' and M/s Satbir Khad Bhandar & Anr. Vs Punjab National Bank (Appeal No. 250 of 2023 arising out of S.A. No. 146 of 2021 and its connected proceedings) in addition to his being the Chairperson of the Debts Recovery Appellate Tribunal, Mumbai. [F. No. 09/22/2023-DRT] SUBHASHCHANDRA AMIN, Under Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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