Authority: Financial Appellate Tribunal (FAT)

Order Date: 23 September 2026

Case Overview

  • Parties: SRI ASHOK KUMAR BISWAS (appellant) vs United Bank of India and others (respondents).
  • The matter was listed on the FAT warning list; the appellant had notice that it would be taken up for hearing.
  • No counsel appeared for either side, and no adjournment was requested even on the second call.
  • The Department had identified defects in the appellant’s case as early as 1992, which remained uncured.
  • Consequently, the Tribunal found the appellant in default.

Final Outcome

  • FAT 2640 of 1991 is dismissed for default.
  • Any interim orders previously issued are vacated.

Topics: Banking, Legal Proceedings