Telangana High Court Rejects Bank of Baroda’s Delay Plea in ₹4.64 Crore Refund Case
मुख्य बातें
- •The Telangana High Court dismissed Bank of Baroda’s plea to condone a 169-day delay in filing an appeal against a ₹4.64 crore refund order.
- •The case began in 2019 when DRT-Hyderabad directed Bank of Baroda to refund ₹4.64 crore to Kosetty Krishna with 5% simple interest.
- •On April 29, 2024, the High Court directed the bank to file an appeal within eight weeks; it filed the appeal only on December 10, 2024.
- •The DRAT dismissed the appeal, and the High Court upheld the decision, citing the bank’s “lethargy and laxity” in complying with court orders.
- •The judgment underscores the judiciary’s strict stance on procedural compliance in debt recovery and financial litigation.
The Telangana High Court has firmly refused to entertain Bank of Baroda’s plea seeking condonation of a 169-day delay in filing an appeal against a ₹4.64 crore refund order, upholding the stance of the Debt Recovery Appellate Tribunal (DRAT-Kolkata). A division bench comprising Justices Moushumi Bhattacharya and Gadi Praveen Kumar dismissed the writ petition filed by the Bank of Baroda (e-Vijaya branch) from Hyderabad, stating that the bank had shown "lethargy and laxity" in complying with judicial directions.
