By virtue of closing the right to file written statement, the defendants cannot be debarred from further participating in further proceedings. Sec.19(5A) of RDB Act stipulates that on receipt of written statement or on expiry of time granted by Tribunal to file the written statement, the Tribunal shall fix a date for admission or denial of documents produced by the parties to the proceedings – M/s VS Lignite Power Pvt. Ltd. Vs. State Bank of India – DRAT Kolkata Bench

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By virtue of closing the right to file written statement, the defendants cannot be debarred from further participating in further proceedings. Sec.19(5A) of RDB Act stipulates that on receipt of written statement or on expiry of time granted by Tribunal to file the written statement, the Tribunal shall fix a date for admission or denial of documents produced by the parties to the proceedings – M/s VS Lignite Power Pvt. Ltd. Vs. State Bank of India – DRAT Kolkata Bench Read Post »