An interim stay on distress proceedings in a debt recovery matter was posted on an adjacent date pending a decision by the NCLAT, as the appeal remained sub-judice there.
Stay of distress proceedings pending final outcome of NCLAT appeal.
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
M.A:9/2021
M/S Vijayalakshmi Ginning Factory V/S M/S Canara Bank & Ors
10/02/2023
Ld. Counsel for appellant filed a Memo stating that matter is still pending before NCLAT.
In view of the Memo, post the case on 17.4.2023.
Sd/Chairperson
M/S Vijayalakshmi Ginning Factory
M/S Canara Bank
Chairperson
As recorded by the court registry
15 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
