The debt recovery appellate tribunal dismissed the stay application and consequently rejected the underlying appeal due to the appellant's default and lack of interest in prosecuting the matter despite adjournment for appearance.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 16th day of November, 2023
PRESENT: HON'BLE MR. JUSTICE S.RAVI KUMAR CHAIRPERSON
IA 220/2022 (Delay)
In
AIR(SA) 88/2022
(SA 101/2019 on the file of DRT-I, Chennai)
Between
R. Ramesh, S/o L. Radha, Proprietor, M/s Tharun Traders, No.2, Pillaiyar Koil Street, Ammoor, Walaja Taluk, Vellore District 632 501.
….Appellant
And
…..Respondents
Counsel for Appellant : M/s T.P. Prabakaran & Co. Counsel for 1st Respondent Bank : M/s Dr. T. Ramasamy & Co. Counsel for R2 : None
1
ORDER
No representation for petitioner/appellant. Ld. Counsel for first respondent bank reported ready.
The matter is posted to 7.6.2023 under the caption of ‘dismissal’, as petitioner/appellant was absent on 9.3.2023. On 7.6.2023, at request of advocate for petitioner/appellant, matter is adjourned to this date under the same caption of dismissal in order to give an opportunity to petitioner/appellant to proceed with the case. In spite of that, petitioner/appellant evinced no interest in prosecuting the application.
Therefore, Application IA 220/2022 (Delay) is dismissed for default. Consequently, Appeal AIR (SA) 88/2022 is rejected.
Sd/[Justice S. Ravi Kumar] CHAIRPERSON
2
R. Ramesh
The Authroised Officer, State Bank of India
T. Iradhikamani
S. Ravi Kumar
As recorded by the court registry
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