Jyoti Hemant Patel & Ors. v. Asset Reconstruction Company (India) Ltd & Ors.

…Appellant

…Respondent

Case No: Appeal No. 119/2016

Date of Judgement: 27/03/2023

Judges:

Mr Justice Ashok Menon, Chairperson

For Respondent: None.

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Facts:

Arguments by the Parties:

Appellants:

Respondents:

Despite service of notice, none of the Respondents appeared before the Appellate Tribunal, and they were set ex-parte.

Sections and Laws Referred:

Section 58 of the Transfer of Property Act (regarding the creation of a mortgage for existing or future debts)

Section 340 of the Code of Criminal Procedure (CrPC)

Section 195 of the Code of Criminal Procedure (CrPC)

Cases Cited:

No specific cases were cited in the order.

Order: