An application for amendment of cause title to reflect the merger of State Bank of Travancore into State Bank of India was allowed in debt recovery proceedings.
Application to amend cause title allowed; appellant directed to file amended Memorandum of Appeal within 14 days.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
IA 311/2022 in R.A:127/2019
Assets Reconstruction Co India Ltd V/S Phoenix Arc Pvt Ltd & Ors
09/08/2023
This application is filed seeking amendment of cause title of R17 in view of merger. i.e., State Bank of India in place of State Bank of Travancore.
Considering the reasons stated in the affidavit filed in support of the petition, this application is allowed.
Appellant shall carry out necessary amendment in the Appeal and also file an amended Memorandum of Appeal within 14 days from today.
Post the matter on 30.8.2023.
Sd/Chairperson
1 issue framed by the court
Whether the cause title of R17 be amended in view of the merger of State Bank of Travancore into State Bank of India.
Assets Reconstruction Co India Ltd
Phoenix Arc Pvt Ltd & Ors
Chairperson
As recorded by the court registry
25 orders share this CNR
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