The Appellate Tribunal dismissed a debt recovery appeal for not taking steps, refusing the appellant's request for further time to prosecute the matter despite previous adjournments granted since July 2021.
Appeal RA (SA) 135/2018 was dismissed for not taking steps. Request for further time was rejected.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 21st Day of July, 2023
PRESENT: HON'BLE MR. JUSTICE S.RAVI KUMAR CHAIRPERSON
RA(SA) 135/2018
(SA 480/2015 on the file of DRT-I, Ernakulam)
Between
The Authorised Officer,
Syndicate Bank
Cherootty Road,
Kozhikode Branch,
Kozhikode, Kerala. ….Appellant Bank
And
1
Corporate Office II Cross, Gandhi Nagar, Bangalore Karnataka State 560 009.
Counsel for Appellant Bank : M/s P. Sreenivasulu & Co. Counsel for R1 : M/s Smitha Gopinath & Co.
R2 to R5 are given up.
ORDER
Advocate Shri A. Periasamy representing appellant sought further time for taking steps against appellant bank.
This Appeal is coming up for taking steps from 9.7.2021. In spite of granting adjournments since July, 2021, no interest is evinced by appellant in prosecuting the matter. Today, further time is requested. I am not inclined to grant further time.
Appeal, RA (SA) 135/2018 is dismissed for not taking steps.
Sd/[Justice S. Ravi Kumar] CHAIRPERSON
2
1 issue framed by the court
Whether time should be granted for taking steps on a debt recovery appeal after repeated adjournments without prosecuting the matter.
Syndicate Bank
Cheria Narayanan Namboothiri
Central Registrar, Central Registry (CERSAI)
Reserve Bank of India
Chairman & Managing Director, Syndicate Bank
Chief Manager, Syndicate Bank, Kozhikode
S. Ravi Kumar
As recorded by the court registry
12 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
