Appeal under debt recovery law was dismissed for non-prosecution as appellant failed to prosecute the case after seeking multiple adjournments.
Appeal dismissed for non-prosecution. Request for further time refused.
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 June, 2023
PRESENT: HON'BLE MR. JUSTICE S.RAVI KUMAR CHAIRPERSON
RA(SA) 134/2014
(SA 266/2014 on the file of DRT-III, Chennai)
Between
M/s Alchemist Asset Reconstruction
Company Limited,
Rep. by its Authorised Signatory
Mr. Mahesh Trivedi, D54, First Floor,
Defence Colony, New Delhi 110 024.
…Appellant
And
…Respondents
1
Counsel for appellant : M/s K.S.Viswanathan & Co. Counsel for Respondents : M/s Aiyar & Dolia
ORDER
No representation for respondents. Ld. Counsel for appellant sought further time for arguments.
This matter is posted to 1.5.2023 under the caption of ‘dismissal’, as appellant was absent on 12.4.2022. On 1.5.2023, at request of advocate for appellant, matter is adjourned to this date under the same caption of ‘dismissal’ in order to give an opportunity to appellant to proceed with the case. In spite of accommodating the appellant, no interest is evinced in prosecuting the case today and appellant again sought for time. Request for time is refused.
In view of the same, Appeal, RA (SA) 134/2014 is dismissed for non prosecution.
Sd/-
[Justice S. Ravi Kumar] CHAIRPERSON
2
M/s Alchemist Asset Reconstruction Company Limited
M/s V M E Precast Pvt. Ltd.
VME Properties Pvt. Ltd.
S. Ravi Kumar
As recorded by the court registry
15 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
