Excel Timbers Private Limited v. Dhanalakshmi Bank
Case brief
What is this about?
The Debt Recovery Appellate Tribunal permitted the withdrawal of a waiver application by appellants due to a settlement. Consequently, the main appeal was rejected as withdrawn.
What did the court decide?
Permission to withdraw the Waiver Application and Appeal granted; Appeal rejected as withdrawn.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 17th of March, 2023
PRESENT: HON'BLE MR. JUSTICE S.RAVI KUMAR CHAIRPERSON
IA 73/2023 (Waiver) in A.IR (SA) :378/2022
(SA 387/2018 on the file of DRT-I, Ernakulam)
Between
- Excel Timbers Private Limited, FP R/175, Kodampuzha Road, Petta; Ferook P.O., Kozhikode, Kerala – 673 631.
- Mammu V., Excel Cottage, Kodampuzha Road, Ferook P.O., Kozhikode.
- Habeeb Rahiman V., Chooramukkil House, Ferook P,O;, Kozhikode.
- Hashim V., Chooramukkil House, Ferook P.O., Kozhikode.
- Excellent Timbers and Exports Private Limited, PKP – 2/545, Ramanattukara P.O., University Road, Kozhikode – 673 633.
- ….Appellants
Parties & counsel
- appellant
Excel Timbers Private Limited
- appellant
Mammu V.
- appellant
Habeeb Rahiman V.
- appellant
Hashim V.
- appellant
Excellent Timbers and Exports Private Limited
- respondent
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · March
- CNR
- 331090003782022
- Topic
- Banking and Recovery
All orders in this case
11 orders share this CNR
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