Messers Mallur Siddeswara Spinning Mills Pvt. Ltd. v. City Union Bank Limited
Case brief
What is this about?
The Debt Recovery Appellate Tribunal rejected the appeal and dismissed the waiver application due to default by the appellants who failed to file vakalat or appear despite prior opportunities.
What did the court decide?
Application for waiver was dismissed for default; consequently, the appeal was rejected.
What the court decided
A compact analysis
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
IA 245/2022 In A.IR:91/2022
Mallur Siddeswara Spinning Mills Pvt Ltd V/S A.O.,City Union Bank Ltd
27/09/2023
Ld. Counsel for respondent bank reported ready.
Vakalath of petitioners/appellants is not filed in spite of granting time since March, 2023. No representation for petitioners/appellants today. Despite giving opportunity, petitioners/appellants evinced no interest in prosecuting the application.
Therefore, Application IA 245/2022 (Waiver) is dismissed for default.
Consequently, Appeal AIR (SA) 91/2022 is rejected.
Sd/-
Chairperson
Parties & counsel
- appellant
Mallur Siddeswara Spinning Mills Pvt Ltd
- respondent
City Union Bank Ltd
Coram
Chairperson
Case details
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