This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 9th day of May, 2023
PRESENT: HON'BLE MR. JUSTICE S.RAVI KUMAR CHAIRPERSON
MA (SA) 17/2022
(SA 805/2021 on the file of DRT, Coimbatore)
Between
No.330/1, Chinna Andan Koil Street, Karur 639 001.
W/o Shri K.C. Palani Shamy, No.330/1, Chinna Andan Koil Street, Karur 639 001.
Door New No.42, Old No.19, Sriman Srinivasa Road, Teyanampet, Chennai 18.
W/o Shri V.S. Prakasam Kumar, No.48 & 49, West Bhashyakaralu Street, R.S. Puram, Coimbatore. …Appellants
And
State Bank of India, Stressed Assets Management Branch, Represented by Asst. General Manager & Authorised Officer, Raja Plaza, First floor, No.1112, Avinashi Road, Coimbatore. …..Respondent bank
1
Counsel for Appellants : M/s G. Desingu & Co. Counsel for respondent bank : M/s M.L. Ganesh & Co.
ORDER
No representation for appellants. Ld. Counsel for respondent bank reported ready.
The matter is posted to 27.4.2023 under caption ‘for dismissal’, as appellants were absent on 19.4.2022. On 27.4.2022, at request of advocate for appellants, matter is adjourned to this date under the same caption of dismissal in order to give an opportunity to them to proceed with the case. In spite of that, appellants evinced no interest in prosecuting the appeal.
Therefore, Appeal MA (SA) 17/2022 is dismissed for default.
2
K.C. Palani Swamy and others
State Bank of India
S. Ravi Kumar
As recorded by the court registry
13 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court