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november 2021

Supreme Court of India · 2021-11-24

Avneesh Chandan Gadgil vs Oriental Bank Of Commerce

Court
Supreme Court of India
Petitioner
Avneesh Chandan Gadgil
Respondent
Oriental Bank Of Commerce
Author
M.R. Shah
Bench
Sanjiv Khanna, M.R. Shah

Judgment text excerpt

The Supreme Court addressed the applicability of Section 5 of the Limitation Act to appeals under Section 30 of the Recovery of Debts due to Banks and Financial Institutions Act, 1993. The court held that Section 5 is applicable, allowing for the condonation of a 31-day delay in filing the appeal by the Oriental Bank of Commerce. Consequently, the Supreme Court set aside the High Court's order that had quashed the Debts Recovery Appellate Tribunal's decision to condone the delay.

Avneesh Chandan Gadgil vs Oriental Bank Of Commerce · Niyam