M/S Xclusive Exports and Ors. v. Andhra Bank
Case brief
What is this about?
The debtor, M/s Exclusive Exports & Ors., filed an appeal challenging a decision of competent authority. During the pendency of the appeal, the respondent bank, Andhra Bank, merged with Union Bank of India. The Chairperson, Mr. Justice Ashok Menon, acknowledged the merger and directed the appellants to take appropriate steps to implead and substitute the successor bank as the proper respondent in the current proceedings. No substantive adjudication on the merits of the appeal was made in this order.