Application for refund of money deposited under Section 18(1) of SARFAESI Act, 2002 allowed as the underlying appeal was withdrawn on 11.05.2022
Application IA 211/2022 is ordered as prayed for for refund of amount deposited.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
IA 211/2022
In
R.A(S.A):187/2018
Sri.D.M. Kothandan ... Appellant
Vs
A.O.,Repco Bank ... Respondent
26/05/2022
Learned Counsel Mr. S. Sukumar representing Mr. S. Ganesh for Petitioner/Appellant and Mr. A. Ilangovan for Respondent Bank are present.
IA 211/2022 is an Application filed by Petitioner/Appellant seeking refund of money deposited under Section 18(1) of SARFAESI Act, 2002 for entertaining the Appeal.
Heard Learned Counsel for Petitioner/Appellant and Respondent Bank and perused records.
It is represented that the Appeal has already withdrawn on 11.05.2022 and in view of withdrawal of the Appeal other side Counsel reported no objection for withdrawing the amount.
Considering the submissions of both sides, the Application IA 211/2022 is ordered as prayed for.
Sd./Chairperson
Sri. D.M. Kothandan
A.O., Repco Bank
Chairperson
As recorded by the court registry
3 orders share this CNR
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