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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 for three specified appeals.

Detailed Summary

The Ministry of Finance (Department of Financial Services) issued S.O. 4871(E) dated 6th October 2023, in exercise of powers under sub-section (3) of Section 8 of the Recovery of Debts and Bankruptcy Act, 1993 (51 of 1993), authorising the Chairperson of the Debts Recovery Appellate Tribunal, Mumbai to also discharge the functions of the Chairperson of the Debts Recovery Appellate Tribunal, Delhi, in addition to his role in Mumbai, for the purpose of deciding three specified appeals: Misc Appeal No. 57/2021 (Bank of India Vs M/s Golf Technologies (P) Ltd and Others), Misc Appeal No. 58/2021 (Truevalue Marketing Services Pvt Ltd Vs M/s Golf Technologies (P) Ltd), and Misc Appeal No. 67/2021 (M/s Lancor Holdings Ltd Vs M/s Golf Technologies (P) Ltd and Others). The Order (File No. 11/47/2023-DRT) was signed by Subashchandra Amin, Under Secretary.

Full Text

7073 GI/202 3 (1) EXTRAORDINARY PART II —Section 3 —Sub-section ( ii) PUBLISHED BY AUTHORITY No. 4671] NEW DELHI, THURS DAY , NOVEMBER 9, 2023/ KARTIKA 18, 1945 CG-DL-E-09112023-249969 MINISTRY OF FINANCE (Department of Financial Services) ORD ER New Delhi, the 6th October , 2023 S.O. 4 871(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 Rec overy Appellate Tribunal, Mumbai to discharge also the functions of the Chairperson of the Debts Recovery Appellate Tribunal, Delhi for deciding the appeal in the matters of ‘Misc Appeal No. 57/2021 titled as Bank of India Vs M/s Golf Technologies (P) Ltd and Others, Misc Appeal No. 58/2021 titled as Truevalue Marketing Services Pvt Ltd Vs M/s Golf Technologies (P) Ltd and Misc Appeal No. 67/2021 titled as M/s Lancor Holdings Ltd Vs M/s Golf Technologies (P) Ltd and Others , in addition to his being the Chairperson of the Debts Recovery Appellate Tribunal, Mumbai . [F. No. 11/47/2023 -DRT] SUBASHCHANDRA 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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