27/01/2020

The discretion under Section 19(5)(i) of RDB Act, 1993 to extend the period for further 15 days, in continuity of 30 days, lies with the Presiding Officer in exceptional circumstances, but not beyond that in any case – M/s Frost Infrastructure & Energy Ltd. Vs. Indian Overseas Bank – DRAT Allahabad Bench

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The discretion under Section 19(5)(i) of RDB Act, 1993 to extend the period for further 15 days, in continuity of 30 days, lies with the Presiding Officer in exceptional circumstances, but not beyond that in any case – M/s Frost Infrastructure & Energy Ltd. Vs. Indian Overseas Bank – DRAT Allahabad Bench Read Post »

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