Authority: Financial Appellate Tribunal (FAT)
Order Date: 23 September 2026
Case Overview
- Parties: United Bank of India (appellant) vs. M/S S.S. Engineering Works and others (respondents).
- Case number: FAT 2136 of 1991.
- The matter was listed on the Warning List; the appellant had been given sufficient notice that the hearing would be taken up.
- No representatives appeared for either side, and no adjournment was requested even on the second call.
- Department records indicated that defects identified as early as 1992 had not been remedied by the respondents.
Final Outcome
- The tribunal dismissed FAT 2136 of 1991 for default due to non‑appearance and failure to cure the identified defects.
- All interim orders, if any, were vacated.
- The order was delivered by Justice Ravi Krishan Kapur and Justice Atarup Banerjee.
Topics: Banking, Court Proceedings