Dismissal of Securitization Application: Delhi HC directs Chairperson, DRAT to decide Application for Waiver of Deposit of 25% [Read Order]

The Delhi HC directed the Chairperson, DRAT to decide application for waiver of deposit of 25% as there was dismissal of securitization application
By Kalyani B. Nair - On February 26, 2024 5:02 pm - 2 mins read
Dismissal of Securitization Application - Delhi HC Chairperson - DRAT - Application for Waiver of Deposit - TAXSCAN

The Delhi High Court directed the Chairperson, Debt Recovery Appellate Tribunals (DRAT) to decide application for waiver of deposit of 25% as there was dismissal of securitization application. The senior counsel for the Petitioners stated that the impugned order has been challenged before the DRAT in Regular Appeal No. 387/2023 and that the Petitioners have…

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