Decided a common order dismissing 34 appeal applications filed by Asset Reconstruction Co. India Ltd. for non-prosecution after the Tribunal authorized hearing but the appellant failed to appear.
Disallowed the prayer for time to file arguments; dismissed the batch of appeals for non-prosecution.
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 8th Day of March, 2023
PRESENT: HON'BLE MR. JUSTICE S.RAVI KUMAR CHAIRPERSON
RA 146/2019 to RA 173/2019, MA 66/2019, MA 67/2019 and
RA 41/2020 to RA 44/2020.
1. RA 146/2019
(OA No.14/2005 on the file DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of State Bank of Patiala vide order dt 29.4.09 In IA No.68/2009)
….Appellant And 1. Maxwell Exim Foods Ltd. No.112, Vellala Street, 2. G. Balakrishnan Pondicherry 605 001. S/o R. Govindarajan C/o Maxwell Exim Foods Ltd. Also at: 3. Srimathi B. Dara, V Floor, Rayala Towers, W/o G. Balakrishnan, No.781, Anna Salai, Chennai C/o Maxwell Exim Foods Ltd. 600 002.
1
11.State Bank of Hyderabad C/o Maxwell Exim Foods Ltd. Overseas Branch, V Floor, Rayala Towers, 56, Cathedral Road, Chennai No.781, Anna Salai, Chennai 600 086. 600 002.
12.State Bank of Travancore 7. Sri M.V. Raja, Chennai Main Branch, United Chairman, Mountamount India Building, (Singapore) Pte Ltd. Esplanade, Chennai 600 108. 24, Raffles Place, No.18-00, Clifford Centre, 13.State Bank of Saurashtra Singapore 048 621. No.48, Armenian Street, Chennai 1.
…Respondents Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1 to R8 : M/s Waraon & Sai Rams
Respondents 9 to 14 are given up.
(OA 15/2005 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade,
2
August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dt 9.4.09 In IA No.73/2009)
….Appellant
And
Address:
V Floor, Rayala Towers, 781, Anna Salai 600 002. Respondents 4 to 9 are at: 2. S.P. Vairavan C/o M.V.R. Industry Ltd. S/o V.E. Subbiah V Floor, Rayala Towers, No.10A, Ganapathy Street, 781, Anna Salai 600 002. Ramnagar, Ambattur, Chennai 600 053. 10.M.V. Raja Mountamount (Singapore) Pte 3. R. Prabhakaran (deceased) Ltd. No.14, Chinna Elluthukara 24, Raffles Place, No.18-00, Street, Clifford Centre, Shevapet, Salem. Singapore 048 621. 4. G.S. Kumar 11.Indian Bank S/o S.G. Rajan Muthialpet Branch, 25, Armenian Street, Chennai 5. A.V. Anand (Deceased) 1.
3
12.The Bank of Rajasthan Ltd. Wavoo Complex, 191, NSC Bose Road,Chennai 1
Wavoo Complex, 18.Sri Satish 191, NSC Bose Road,Chennai 1 S/o R. Prabhakaran, No.9, Flat E6, Ashiana 13.State Bank of Hyderabad Apartments, Overseas Branch, II Street, Venus Colony, 56, Cathedral Road, Chennai Chennai 18. 600 086. 19.Smt. A. Shanthi 14.State Bank of Patiala, W/o A.V. Anand Whites Road Branch, No.27, Whites Road, Chennai 20.Sri A. Arunraj 600 014. S/o Late A.V. Anand 15.State Bank of Saurashtra 21.Minor A. Krithika No.48, Armenian Street, D/o Late A.V. Anand Chennai 1. Rep. by mother and natural Guardian A. Shanthi 16.Sathyam Chemical Pvt. Ltd. Sathyam Chemical Pvt. Ltd. No.1, Pillayar Koil Street, 22.Smt. V. Chandralekha Manappakkam, Chennai 600 W/o M.V.Raja
16.Sathyam Chemical Pvt. Ltd. Sathyam Chemical Pvt. Ltd. No.1, Pillayar Koil Street, Manappakkam, Chennai 600 116.
Respondents 19 to 22 are at: 17.M. Kavitha, D/o R. Prabhakaran, No.4-C, Coral Manor No.9, Flat E6, Ashiana Apartments, Apartments, No.56/28, II Main Road, II Street, Venus Colony, R.A. Puram, Chennai 600 028. Chennai 18.
…Respondents
Counsel for appellant Counsel for R1, R2, R4, R6 to R10 R16 to R22.
: M/s Anirudh Krishnan & Co. : M/s Waraon & Sai Rams
Respondents 11 to 15 are given up.
4
3. RA 148/2019
(OA No.249/2001 on the file DRT-II, Chennai)
Between Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028. ….Appellant And 1 M.V.R. Industry Ltd. Registered Address; 4. G.S. Kumar S/o S.G. Rajan No.112, Vellala Street, Pondicherry 605 001. 5. A.V. Anand (Deceased) Address: 6. K. Sai Jagannathan V Floor, Rayala Towers, 7. Smt. Hemamalini 781, Anna Salai 600 002. W/o G. Prabhakaran 2. S.P. Vairavan 8. St. Malaroviyam S/o V.E. Subbiah No.10A, Ganapathy Street, 9. M. Subramanian Ramnagar, Ambattur, Chennai 600 053. Respondents 4 to 9 are at: 3. R. Prabhakaran (deceased) C/o M.V.R. Industry Ltd. No.14, Chinna Elluthukara V Floor, Rayala Towers, Street, 781, Anna Salai 600 002. Shevapet, Salem.
….Appellant
5
10.M.V. Raja 17.M. Kavitha, Mountamount (Singapore) Pte D/o R. Prabhakaran, Ltd. No.9, Flat E6, Ashiana 24, Raffles Place, No.18-00, Apartments, Clifford Centre, II Street, Venus Colony, Singapore 048 621. Chennai 18.
11.Indian Bank 18.Sri Satish Muthialpet Branch, S/o R. Prabhakaran, 25, Armenian Street, No.9, Flat E6, Ashiana Chennai 1. Apartments, II Street, Venus Colony, 12.The Bank of Rajasthan Ltd. Chennai 18. Wavoo Complex, 191, NSC Bose Road, 19.Smt. A. Shanthi Chennai 1 W/o A.V. Anand 13.State Bank of Hyderabad 20.Sri A. Arunraj Overseas Branch, S/o Late A.V. Anand 56, Cathedral Road, Chennai 600 086. 21.Minor A. Krithika D/o Late A.V. Anand 14.State Bank of Patiala, Rep. by mother and natural Whites Road Branch, Guardian A. Shanthi No.27, Whites Road, Chennai 600 014. 22.Smt. V. Chandralekha W/o M.V.Raja 15.State Bank of Saurashtra No.48, Armenian Street, Respondents 19 to 22 are at: Chennai 1. No.4-C, Coral Manor 16.Sathyam Chemical Pvt. Ltd. Apartments, No.1, Pillayar Koil Street, No.56/28, II Main Road, Manappakkam, Chennai 600 R.A. Puram, Chennai 600 028. 116.
…Respondents
(Respondents 19 to 22 impleaded as LRs of deceased R5 as per order dated 4.12.2006 in IA 574/2006 & Respondents 17 & 18 impleaded as LRs of R3 as per order dated 24.1.2002 in IA 2615/2001)
6
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1, R2, R4, R6 to R10 : M/s Waraon & Sai Rams R16 to R22.
Respondents 11 to 15 are given up.
4. RA 149/2019
(OA No.253/2001 on the file of DRT-II, Chennai)
Between Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dt 29.4.09 In IA No.67/2009) ….Appellant
And
7
V Floor, Rayala Towers, Chennai Main Branch, United No.781, Anna Salai, Chennai India Building, 600 002. Esplanade, Chennai 600 108.
13.State Bank of Saurashtra No.48, Armenian Street, Chennai 1.
14.Smt. Hemamalini, W/o R.Prabhakaran
16.Sri Satish Sri Satish S/o R. Prabhakaran
Respondents 14 to 16 are at:
No.9, Flat E6, Ashiana Apartments, II Street, Venus Colony, Chennai 18.
10.State Bank of Hyderabad Overseas Branch, 56, Cathedral Road, Chennai 600 086.
11.State Bank of Travancore
…Respondents
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R2, R5 to R7 , R14 & R16 : M/s Waraon & Sai Rams
Respondents 1 and 15 remained ex parte. Respondents 8 to 13 are given up.
8
5. RA 150/2019
(OA No.380/2001 on the file DRT-II, Chennai)
Between Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036. Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of State Bank of PSaurashtra vide order dt 9.4.2009 in IA 325/2008)
….Appellant
And 1. Maxwell Exim Foods Ltd. 5. Mr. C. Rajaram No.112, Vellala Street, S/o T.R. Chakrapani Pondicherry 605 001. 6. Wellstores (Madras) Also at: Private Ltd.) V Floor, Rayala Towers, Address of Respondents 2 to 6 No.781, Anna Salai, Chennai C/o Maxwell Exim Foods Ltd. 600 002. V Floor, Rayala Towers, No.781, Anna Salai, Chennai 600 002. 2. G. Balakrishnan S/o R. Govindarajulu, 7. Sri M.V. Raja, Chairman, Mountamount 3. Srimathi B. Dara, (Singapore) Pte Ltd. W/o G. Balakrishnan, 24, Raffles Place, No.18-00, Clifford Centre, 4. Mr. S. Madhusoodhanan, Singapore 048 621. S/o Sarangapani
9
V Floor, Rayala Towers, 56, Cathedral Road, Chennai No.781, Anna Salai, Chennai 600 086. 600 002.
12.State Bank of Travancore 9. Indian Bank Chennai Main Branch, United Muthialpet Branch, India Building, 25, Armenian Street, Esplanade, Chennai 600 108. Chennai 1. 13.State Bank of Patiala, 10.The Bank of Rajasthan Ltd. Whites Road Branch, 191, NSC Bose Road, No.27, Whites Road, Chennai Wavoo Complex, Chennai 1 600 014.
14.State Bank of Mysore, 11.State Bank of Hyderabad 231, N.S.C. Bose Road, Overseas Branch, Chennai 1. …Respondents Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1, R2, R3, R5, R7 & R8 : M/s Waraon & Sai Rams
Respondents 4 and 6 remained ex parte. Respondents 9 to 14 are given up.
6. RA 151/2019
(OA 403/2001 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place Indian Bank vide order dated In IA No.558/2008)
….Appellant
10
And
Address of respondents 1 to 3 is:
No.46, 1st Cross Street, Sabari Nagar, Porur, Chennai 10.Sathyam Chemicals P Ltd. 600 112. No.4, East Street, West CIT 4. Fashion Builder’s (P) Ltd. Nagar, 475/30, HIG Flats, Nandanam, Chennai 600 035. Anna Salai, Nandanam, Chennai 600 035. 11.S. Ravi (amended as per order dated 24.9.19)
…Respondents
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1, R3 to R6, R8, R9, R10, : M/s Waraon & Sai Rams R12 & R13
11
7. RA 152/2019
(OA 425/2001 on the of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of State Bank of Saurashtra vide order dt 29.4.09 In IA No.322/2008)
….Appellant
And 1. M.V.R. Industry Ltd. 4. G.S. Kumar Registered Address; S/o S.G. Rajan No.112, Vellala Street, 5. A.V. Anand (Deceased) Pondicherry 605 001. 6. K. Sai Jagannathan Address: 7. Smt. Hemamalini V Floor, Rayala Towers, W/o G. Prabhakaran 781, Anna Salai 600 002. 8. St. Malaroviyam 2. S.P. Vairavan S/o V.E. Subbiah 9. M. Subramanian No.10A, Ganapathy Street, Ramnagar, Ambattur, Respondents 4 to 9 are at: Chennai 600 053. C/o M.V.R. Industry Ltd. 3. R. Prabhakaran (deceased) V Floor, Rayala Towers, No.14, Chinna Elluthukara 781, Anna Salai 600 002. Street, Shevapet, Salem.
12
10.M.V. Raja Mountamount (Singapore) Pte Ltd. 24, Raffles Place, No.18-00, Clifford Centre, Singapore 048 621.
11.Indian Bank Muthialpet Branch, 25, Armenian Street, Chennai 1.
12.The Bank of Rajasthan Ltd. Wavoo Complex, 191, NSC Bose Road, Chennai 1
13.State Bank of Hyderabad Overseas Branch, 56, Cathedral Road, Chennai 600 086.
14.State Bank of Travancore, Chennai Main Branch, United India Building, Esplanade, Chennai 600 108.
15.State Bank of Patiala, Whites Road Branch, No.27, Whites Road, Chennai 600 014.
16.Sathyam Chemical Pvt. Ltd. No.1, Pillayar Koil Street, Manappakkam, Chennai 600 116.
17.M. Kavitha, D/o R. Prabhakaran, No.9, Flat E6, Ashiana Apartments, II Street, Venus Colony, Chennai 18.
18.Sri Satish S/o R. Prabhakaran, No.9, Flat E6, Ashiana Apartments, II Street, Venus Colony, Chennai 18.
19.Smt. A. Shanthi W/o A.V. Anand
20.Sri A. Arunraj S/o Late A.V. Anand
21.Minor A. Krithika D/o Late A.V. Anand Rep. by mother and natural Guardian A. Shanthi
22.Smt. V. Chandralekha W/o M.V.Raja
Respondents 19 to 22 are at:
No.4-C, Coral Manor Apartments, No.56/28, II Main Road, R.A. Puram, Chennai 600 028.
…Respondents
(Respondents 17 & 18 impleaded as LRs of R3 by order dated 24.1.2002 in IA 2616/2001 and Respondents 19 to 22 impleaded as LRs of R5 as per order dated 4.12.2006 in IA 76/2006.)
13
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1, R2, R4, R6 to R8, R10 : M/s Waraon & Sai Rams R16 to R22.
Respondent No.9 remained ex parte. Respondents 11 to 15 are given up.
8. RA 153/2019
(OA 2236/2001 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of State Bank of Travancore vide order dt 9.4.09 In IA No.71/2009)
….Appellant
And 1. Maxwell Exim Foods Ltd. Regd. Office :No.112, Vellala 3. Srimathi B. Dara, Street, W/o G. Balakrishnan, Pondicherry 605 001. 4. Mr. S. Madhusoodhanan, Also at: Director, S/o Sarangapani V Floor, Rayala Towers, No.781, Anna Salai, Chennai 5. Mr. C. Rajaram, Director 600 002. S/o T.R. Chakrapani 6. Wellstores (Madras) 2. G. Balakrishnan, Director, Private Ltd.) S/o R. Govindarajan Address of Respondents 2 to 6
14
C/o Maxwell Exim Foods Ltd. V Floor, Rayala Towers, No.781, Anna Salai, Chennai 600 002.
10.The Bank of Rajasthan Ltd., 191, NSC Bose Road, Wavoo Complex, Chennai 1
11.State Bank of Hyderabad 7. Sri M.V. Raja, Overseas Branch, Chairman, Mountamount 56, Cathedral Road, Chennai (Singapore) Pte Ltd. 600 086. 24, Raffles Place, No.18-00, Clifford Centre, 12.State Bank of Patiala, State Bank of Patiala, Singapore 048 621. No.27, Whites Road,
12.State Bank of Patiala, State Bank of Patiala, No.27, Whites Road, Chennai 600 014.
13.State Bank of Saurashtra No.48, Armenian Street, Chennai 1.
…Respondents
Counsel for appellant Counsel for R1 to R8
: M/s Anirudh Krishnan & Co. : M/s Waraon & Sai Rams
Respondents 9 to 14 are given up.
9. RA 154/2019
(OA 396/2001 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
15
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dt 29.4.09 In IA No.67/2009)
….Appellant
And
11.Mrs. Geetha, 6. M/s Income Builders (P) W/o B. Hari Raj, Limited, 59, Subramani Mudaliar 268-269, Anna Salai, Street, Teynampet, Chennai 600 018. Saidapet, Chennai 600 015. 7. Mr. K. Bhaskaran, 12.Sathyam Foods (P ) Limited, S/o V. Krishnayar, 475/30, HIG Flats, 1/29, Sathayamoorthy Nagar, Nandanam, Chennai 600 035.
16
13.M/s Enkay Foods Limited No.4, East Street, West CIT Nagar, Nandanam, Chennai 600 035.
14.Mr. G. Selvam (Deceased) No.53, Vanniampathy Street, Mandaveli, Chennai 600 028.
15.S. Senthilkumar, No.47A, Bashyam Street, Cuddalore.
16.S. Bangarulakshmi, No.47A, Bashyam Street, Cuddalore.
17.M. Varadarajulu (also known as Louis Jalu), No.33, Quarter, Bird, Marach at Foch, Neville-Sur-Murne, France 93330.
18.R. Saroja, E-32, Second Avenue, Besant Nagar, Chennai 600 090.
19.M. Govindarajan, Flat No.4A, 4th Floor, 969, Lakshamanasamy Salai, K.K. Nagar, Chennai 60 078.
20.M. Jayaraman, Flat No.O.16, Shanthi Nivas, No.12, I Main Road, Kasturba Nagar, Adyar, Chennai 600 020.
21.Mrs. P. Hemamalini, E-16, Ashiana Apartments, Venus Colony, II Street, Alwarpet, Chennai 600 018.
22.M. Seetharaman, No.130, 1A, Chinnammal Street, Sai Baba Colony, K.K. Pudur, Coimbatore 641 038.
23.M. Venkatesan, Anai, Vadapathy Village, Ammaiyapar Post, Tiruvalur.
24.M. Rajaraman, 248, Lorang Chvan, No.10-01, Chvan Park, Singapore 556 747.
….Respondents
Counsel for appellant Counsel for R1-R8, R11-13, R15-R17 R19-R21 & R24
: M/s Anirudh Krishnan & Co. : M/s Waraon & Sai Rams
17
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dt 9.4.09 In IA No.73/2009)
And 1. M.V.R. Industry Ltd. Rayala Towers, Rayala Towers, 781, Anna Salai, Chennai 600 781, Anna Salai 600 002. 002. 2. S.P. Vairavan, Director, Residence at: M/s M.V.R. Industry Ltd. Rayala Towers, No.10A, Ganapathy Colony, 4th 781, Anna Salai Street, Chennai 600 002. St. Thomas Mount, Chennai 600 016. Residence at: No.10A, Ganapathy Street, 5. Shri V. Nehru Pandian, Ramnagar, Ambattur, Director M/s MVR Industry Chennai 600 053. Ltd. Rayala towers, 3. R. Prabhakaran (deceased) 781, Anna Salai, Chennai 600 Director, M/s M.V.R. Industry 002. Ltd. 6. Sri Abdul Bari, 4. G.S. Kumar Director, Director, M/s M.V.R. Industry Ltd. M/s M.V.R. Industry Ltd. Rayala Towers,
18
781, Anna Salai Chennai 600 002.
Residence at: No.27, Bazar Street, Saidapet, Chennai.
12.Smt. K. Malaroviyam, No.30, HIG Flats, 475,Anna Salai, Nandanam, Chennai 600 035.
14.Sathyam Chemical Pvt. Ltd. No.1, Pillayar Koil Street, Manappakkam, Chennai 600 116.
15.State Bank of Hyderabad, 56, Cathedral Road, Chennai 600 086.
16.State Bank of Patiala, Residence: No.7. HIG Flats, Whites Road Branch, Nandanam, Chennai 600 035. No.27, Whites Road, Chennai 600 014.
17.State Bank of Saurashtra, No.48, Armenian Street, Chennai 1.
18.State Bank of Travancore, 10.Shri A.V. Anand (Deceased) Chennai Main Branch, United India Building, 11.Sri M. Subramaniam, Sri M. Subramaniam, Esplanade, Chennai 600 108.
11.Sri M. Subramaniam, Sri M. Subramaniam, L69/26, Ishwariya Colony, Indra Nagar, Chennai 600 020.
19.Bank of Rajashtan, No.191, N.S.C. Bose Road, Chennai 600 001.
20.M. Kavitha, D/o R. Prabhakaran,
19
No.9, Flat E6, Ashiana Apartments, 24.Minor A. Krithika II Street, Venus Colony, D/o Late A.V. Anand Chennai 18. Rep. by mother and natural Guardian A. Shanthi 21.Sri Satish S/o R. Prabhakaran, 25.Smt. V. Chandralekha No.9, Flat E6, Ashiana W/o M.V.Raja Apartments, II Street, Venus Colony, Respondents 22 to 25 are at: Chennai 18. No.4-C, Coral Manor 22.Smt. A. Shanthi Apartments, W/o A.V. Anand No.56/28, II Main Road, R.A. Puram, Chennai 600 028. 23.Sri A. Arunraj S/o Late A.V. Anand
…Respondents
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1, R2, R4, R7 to R9, R12, : M/s Waraon & Sai Rams R13, R14 & R20 to R25
Respondent No.11 remained ex parte. Respondents 15 to 19 are given up.
(OA 408/2001 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
20
(Appellant has been substituted in place of Indian Bank vide order dt 9.4.09 In IA No.72/2009)
….Appellant
And
11.Well Stores (Madras) 6. Mr. C. Rajaraman , Director Private Ltd. S/o T.R. Chakrapani Anna Arivalayam, 2nd floor, 268, Anna Salai, 7. Sri V.P. Haran, Director Chennai 600 002.
Address of Respondents 2 to 7 12.State Bank of Hyderabad Overseas Branch, C/o Maxwell Exim Foods Ltd. 56, Cathedral Road, Chennai Rayala Towers, 600 086. No.781, Anna Salai, Chennai 13.State Bank of Patiala, 600 002. No.27, Whites Road, Chennai 600 014.
Residence of R7 at: 14.State Bank of Saurashtra Flat No.5, No.32, Subba No.48, Armenian Street, Street, Chennai 1. Madras 600 033.
21
15.State Bank of Travancore, II Street, Venus Colony, Esplanade, Chennai 600 108. Chennai 18. 16.The Bank of Rajasthan Ltd., 21.Smt. A. Shanthi 191, NSC Bose Road, W/o A.V. Anand Wavoo Complex, Chennai 1 22.Sri A. Arunraj 17.State Bank of Mysore S/o Late A.V. Anand 231, N.S.C. Bose Road, Chennai 1. 23.Minor A. Krithika D/o Late A.V. Anand 18.Smt. Hemamalini Rep. by mother and natural W/o R. Prabhakaran Guardian A. Shanthi 19.M. Kavitha, D/o R. Prabhakaran, 24.Smt. V. Chandralekha W/o M.V.Raja 20.Sri Satish S/o R. Prabhakaran, Respondents 22 to 24 are at: Address of R18 to R20 No.4-C, Coral Manor Apartments, No.9, Flat E6, Ashiana No.56/28, II Main Road, Apartments, R.A. Puram, Chennai 600 028.
…Respondents
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1 to R3, R5 to R8, R11 & : M/s Waraon & Sai Rams R18 to R24
Respondent No.4 remained ex parte. Respondents 12 to 17 are given up.
(OA 248/2007 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade,
22
August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dt 29.4.09 In IA No.67/2009)
….Appellant
And 1. M/s Anderson Industries Luz Church Road, International Limited, Chennai 600 004. Rayala Towers, 3, 5th Floor, 781, Anna Salai 600 002. 4. Venki Raman, Rayala Towers, 3rd Floor, 2. C.S. Usha Devi, 781, Anna Salai 600 002. No.134/4, Ajantha Flats, Anna Nagar West, 5. G. Sambasivam, Chennai 600 040. 24/11, Rams Flats, Venkatraman Street, 3. V. Krishnakumar, T. Nagar, Chennai 600 017. B3, Sakthi Enclave,
…Respondents
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R2 to R5 : M/s Waraon & Sai Rams
R1 remained ex parte.
(OA No.34/2008 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
23
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dt 29.4.09 In IA No.67/2009)
….Appellant
And
24
| 10. Mrs. Vijaya (since | No.9, Flat E6, Ashiana |
|---|---|
| deceased) | Apartments, |
| Anai, Vadapathy Village, | II Street, Venus Colony, |
| Ammaiyappam, | Chennai 18. |
| Tanjore District. | |
| 14. M. Vidhya, | |
| 11. Mrs. Hemamalini | 148, Big Bazaar Street, Dindigul. |
| 12. Sri P. Satish | 15. P. Vijayaraghavan, |
| 13. M. Kavitha, | Anai, Vadapathy Village, Ammaiyappam, |
| Address of R11 to 13. | Tanjore District. |
….Respondents
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1 to R7, R9, R11, R12, : M/s Waraon & Sai Rams R14 & R15.
R13 remained ex parte.
(OA 55/2008 on the file DRT-II, Chennai)
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dt 29.4.09 In IA No.62/2009)
….Appellant
And
25
10.Mr. Jayaganthan, 38, M.K.M. Road, Guindy, Chennai 600 032.
11.Mr. K.P. Ramanujam, No.40, C.P. Ramaswamy Road, Alwarpet, Chennai 600 018.
12.Mr. V. Narayanaswamy, No.221, Geevanandham Salai, K.K. Nagar, Chennai 600 078.
14.Smt. A. Shanthi W/o Late A.V. Anand
15.Sri A. Arunraj S/o Late A.V. Anand
16.Minor A. Krithika D/o Late A.V. Anand Rep. by mother and natural Guardian A. Shanthi
17.Smt. V. Chandralekha W/o M.V.Raja
Respondents 14 to 17 are at:
Panruti.
26
No.56/28, II Main Road, R.A. Puram, Chennai 600 028.
No.4-C, Coral Manor Apartments,
….Respondents
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1, R2, R4 to R7, R9, : M/s Waraon & Sai Rams R12 & R14 to R17
R8 remained ex parte.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of State Bank of Patiala vide order dt 29.4.09 In IA No.68/2009)
….Appellant
And 1. Maxwell Exim Foods Ltd. 2. G. Balakrishnan No.112, Vellala Street, S/o R. Govindarajan Pondicherry 605 001. C/o Maxwell Exim Foods Ltd. Also at: 3. Srimathi B. Dara, W/o G. Balakrishnan, V Floor, Rayala Towers, C/o Maxwell Exim Foods Ltd. No.781, Anna Salai, Chennai 600 002. 4. Mr. S. Madhusoodhanan, S/o Sarangapani
27
Respondents 9 to 14 are given up.
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
28
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dt 29.4.09 In IA No.67/2009)
….Appellant
And
29
11.State Bank of Travancore 14.Mrs. Hemamalini Chennai Main Branch, United W/o R.Prabhakaran India Building, Esplanade, Chennai 600 108. 15.M.S. Kavitha D/o R.Prabhakaran 12.State Bank of Patiala, Whites Road Branch, 16.Mr. Satish No.27,Whites Road, Chennai 14. Address of R14 to R16: 13.State Bank of Saurashtra No.9, Flat E6, Ashiana No.48, Armenian Street, Apartments, Chennai 1. II Street, Venus Colony, Chennai 18.
…Respondents
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1 to R3, R5 to R7 & : M/s Waraon & Sai Rams R14 to R16.
Respondents 8 to 13 are given up.
(OA 253/2001 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dt 29.4.09 In IA No.67/2009)
….Appellant
30
And
No.781, Anna Salai, Chennai 600 002.
Address of Respondents 2 to 5
V Floor, Rayala Towers, No.781, Anna Salai, Chennai 600 002.
10.State Bank of Hyderabad Overseas Branch, 56, Cathedral Road, Chennai 600 086.
11.State Bank of Travancore Chennai Main Branch, United India Building, Esplanade, Chennai 600 108.
12.State Bank of Patiala, Whites Road Branch, No.27,Whites Road, Chennai 14.
13.State Bank of Saurashtra No.48, Armenian Street, Chennai 1.
14.Mrs. Hemamalini W/o R.Prabhakaran
15.M.S. Kavitha D/o R.Prabhakaran
31
16.Mr. Satish No.9, Flat E6, Ashiana Apartments, Address of R14 to R16: II Street, Venus Colony, Chennai 18.
…Respondents
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1 to R3, R5 to R7 & : M/s Waraon & Sai Rams R14 & R16.
Respondent No.15 remained ex parte. Respondents 8 to 13 are given up.
(OA 2236//2001 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of State Bank of Travancore vide order dt 9.4.09 In IA No.71/2009)
….Appellant And 1. Maxwell Exim Foods Ltd. V Floor, Rayala Towers, Regd. Office No.112, Vellala No.781, Anna Salai, Chennai Street, 600 002. Pondicherry 605 001.
Also at: 2. G. Balakrishnan, Director, S/o R. Govindarajan
32
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1 to R8 : M/s Waraon & Sai Rams
Respondents 9 to 14 are given up.
33
19. RA 164/2019
(OA 2236//2001 on the file of DRT-II, Chennai)
Between Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of State Bank of Travancore vide order dt 9.4.09 In IA No.71/2009)
….Appellant And 1. Maxwell Exim Foods Ltd. 4. Mr. S. Madhusoodhanan, Regd. Office No.112, Vellala Director, Street, S/o Sarangapani Pondicherry 605 001. 5. Mr. C. Rajaram, Director, Also at: S/o T.R. Chakrapani 6. Wellstores (Madras) V Floor, Rayala Towers, Private Ltd.) No.781, Anna Salai, Chennai 600 002. Address of Respondents 2 to 6 C/o Maxwell Exim Foods Ltd. 2. G. Balakrishnan, Director, V Floor, Rayala Towers, S/o R. Govindarajan No.781, Anna Salai, Chennai 600 002. 3. Srimathi B. Dara, W/o G. Balakrishnan, 7. Sri M.V. Raja, Chairman, Mountamount (Singapore) Pte Ltd.
34
24, Raffles Place, No.18-00, Clifford Centre, Singapore 048 621.
11.State Bank of Hyderabad Overseas Branch, 56, Cathedral Road, Chennai 600 086.
12.State Bank of Patiala, No.27, Whites Road,
Chennai 600 014.
14.State Bank of Mysore 10.The Bank of Rajasthan Ltd., 231, N.S.C. Bose Road, 191, NSC Bose Road, Chennai 1. Wavoo Complex, Chennai 1
…Respondents
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1 to R8 : M/s Waraon & Sai Rams
Respondents 9 to 14 are given up.
20. RA 165/2019
(OA 249/2001 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
….Appellant
35
And
V Floor, Rayala Towers, 781, Anna Salai 600 002.
No.112, Vellala Street, 10.M.V. Raja Pondicherry 605 001. Mountamount (Singapore) Pte Ltd. Address: 24, Raffles Place, No.18-00, Clifford Centre, V Floor, Rayala Towers, Singapore 048 621. 781, Anna Salai 600 002.
11.Indian Bank Muthialpet Branch, 25, Armenian Street, Chennai 1.
Chennai 600 053. 12.The Bank of Rajasthan Ltd. Wavoo Complex, 3. R. Prabhakaran (deceased) 191, NSC Bose Road, Chennai No.14, Chinna Elluthukara 1 Street, Shevapet, Salem. 13.State Bank of Hyderabad Overseas Branch, 4. G.S. Kumar 56, Cathedral Road, Chennai S/o S.G. Rajan 600 086.
W/o G. Prabhakaran 15.State Bank of Saurashtra No.48, Armenian Street, 8. St. Malaroviyam Chennai 1.
36
20.Sri A. Arunraj 17.Ms. Kavitha, S/o Late A.V. Anand D/o R. Prabhakaran, No.9, Flat E6, Ashiana 21.Minor A. Krithika Apartments, D/o Late A.V. Anand II Street, Venus Colony, Rep. by mother and natural Chennai 18. Guardian A. Shanthi 18.Sri Satish 22.Smt. V. Chandralekha S/o R. Prabhakaran, W/o M.V.Raja No.9, Flat E6, Ashiana Apartments, Respondents 19 to 22 are at: II Street, Venus Colony, Chennai 18. No.4-C, Coral Manor Apartments, 19.Smt. A. Shanthi No.56/28, II Main Road, W/o A.V. Anand R.A. Puram, Chennai 600 028.
…Respondents
(Respondents 17 & 18 impleaded as LRs of R3 as per order dated 24.1.2002 in IA 2615/2001 Respondents 19 to 22 impleaded of LRs of R5 as per order dated 4.12.2006 in IA 574/2006)
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1, R2, R4, R6 to R10, R16 : M/s Waraon & Sai Rams & R18 to R22.
Respondent No.17 remained ex parte. Respondents 11 to 15 are given up.
21. RA 166/2019
(OA 249/2001 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd.
Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
37
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
….Appellant
And 1 M.V.R. Industry Ltd. Registered Address; 9. M. Subramanian No.112, Vellala Street, Respondents 4 to 9 are at: Pondicherry 605 001.
Address:
C/o M.V.R. Industry Ltd. V Floor, Rayala Towers,
781, Anna Salai 600 002.
V Floor, Rayala Towers, 781, Anna Salai 600 002.
10.M.V. Raja
Mountamount (Singapore) Pte 2. S.P. Vairavan Ltd. S/o V.E. Subbiah 24, Raffles Place, No.18-00, No.10A, Ganapathy Street, Clifford Centre, Ramnagar, Ambattur, Singapore 048 621. Chennai 600 053.
11.Indian Bank
25, Armenian Street, Chennai
12.The Bank of Rajasthan Ltd.
13.State Bank of Hyderabad 6. K. Sai Jagannathan Overseas Branch, 56, Cathedral Road, Chennai 7. Smt. Hemamalini 600 086. W/o G. Prabhakaran 14.State Bank of Patiala, 8. St. Malaroviyam Whites Road Branch,
38
No.27, Whites Road, Chennai II Street, Venus Colony, 600 014. Chennai 18. 19.Smt. A. Shanthi 15.State Bank of Saurashtra W/o A.V. Anand No.48, Armenian Street, Chennai 1. 20.Sri A. Arunraj S/o Late A.V. Anand 16.Sathyam Chemical Pvt. Ltd. No.1, Pillayar Koil Street, 21.Minor A. Krithika Manappakkam, Chennai 600 D/o Late A.V. Anand 116. Rep. by mother and natural Guardian A. Shanthi 17.Ms. Kavitha, D/o R. Prabhakaran, 22.Smt. V. Chandralekha No.9, Flat E6, Ashiana W/o M.V.Raja Apartments, II Street, Venus Colony, Respondents 19 to 22 are at: Chennai 18. No.4-C, Coral Manor 18.Sri Satish Apartments, S/o R. Prabhakaran, No.56/28, II Main Road, No.9, Flat E6, Ashiana R.A. Puram, Chennai 600 028. Apartments,
…Respondents
(Respondents 17 & 18 impleaded as LRs of R3 as per order dated 24.1.2002 in IA 2615/2001 Respondents 19 to 22 impleaded of LRs of R5 as per order dated 4.12.2006 in IA 574/2006)
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1, R2, R4, R6 to R10, R16 : M/s Waraon & Sai Rams & R18 to R22.
Respondent No.17 remained ex parte. Respondents 11 to 15 are given up.
39
22. RA 167/2019
(OA 15/2005 on the file of DRT-II, Chennai)
Between Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dt 9.4.09 In IA No.73/2009)
….Appellant
And 1. M.V.R. Industry Ltd. Registered Address; 4. G.S. Kumar S/o S.G. Rajan No.112, Vellala Street, Pondicherry 605 001. 5. A.V. Anand (Deceased) Address: 6. K. Sai Jagannathan V Floor, Rayala Towers, 7. Smt. Hemamalini 781, Anna Salai 600 002. W/o G. Prabhakaran 2. S.P. Vairavan 8. Smt. Malaroviyam S/o V.E. Subbiah No.10A, Ganapathy Street, 9. M. Subramanian Ramnagar, Ambattur, Chennai 600 053. Respondents 4 to 9 are at: 3. R. Prabhakaran (deceased) C/o M.V.R. Industry Ltd. No.14, Chinna Elluthukara V Floor, Rayala Towers, Street, 781, Anna Salai 600 002. Shevapet, Salem.
40
10.M.V. Raja Mountamount (Singapore) Pte 17.M. Kavitha, Ltd. D/o R. Prabhakaran, 24, Raffles Place, No.18-00, No.9, Flat E6, Ashiana Clifford Centre, Apartments, Singapore 048 621. II Street, Venus Colony, Chennai 18.
11.Indian Bank Muthialpet Branch, 25, Armenian Street, Chennai 1.
12.The Bank of Rajasthan Ltd. Wavoo Complex, 191, NSC Bose Road, Chennai 1
13.State Bank of Hyderabad Overseas Branch, 56, Cathedral Road, Chennai 600 086.
14.State Bank of Travancore, Chennai Main Branch, United India Building, Esplanade, Chennai 600 108.
15.State Bank of Saurashtra No.48, Armenian Street, Chennai 1.
16.Sathyam Chemical Pvt. Ltd. No.1, Pillayar Koil Street, Manappakkam, Chennai 600 116.
18.Sri Satish S/o R. Prabhakaran, No.9, Flat E6, Ashiana Apartments, II Street, Venus Colony, Chennai 18. 19.Smt. A. Shanthi W/o A.V. Anand 20.Sri A. Arunraj S/o Late A.V. Anand
21.Minor A. Krithika D/o Late A.V. Anand Rep. by mother and natural Guardian A. Shanthi 22.Smt. V. Chandralekha W/o M.V.Raja Respondents 19 to 22 are at: No.4-C, Coral Manor Apartments, No.56/28, II Main Road, R.A. Puram, Chennai 600 028
…Respondents
Counsel for appellant Counsel for R1, R2, R4, R6 to R10 & R16 to R22. Respondents 11 to 15 are given up.
: M/s Anirudh Krishnan & Co.
41
23. RA 168/2019
(OA 15/2005 on the file of DRT-II, Chennai)
Between Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dt 9.4.09 In IA No.73/2009)
….Appellant
And 1. M.V.R. Industry Ltd. No.14, Chinna Elluthukara Registered Address; Street, Shevapet, Salem. No.112, Vellala Street, Pondicherry 605 001. 4. G.S. Kumar S/o S.G. Rajan Address: 5. A.V. Anand (Deceased) V Floor, Rayala Towers, 781, Anna Salai 600 002. 6. K. Sai Jagannathan 2. S.P. Vairavan 7. Smt. Hemamalini S/o V.E. Subbiah W/o G. Prabhakaran No.10A, Ganapathy Street, Ramnagar, Ambattur, 8. Smt. Malaroviyam Chennai 600 053. 9. M. Subramanian 3. R. Prabhakaran (deceased) Respondents 4 to 9 are at:
42
C/o M.V.R. Industry Ltd. V Floor, Rayala Towers, 781, Anna Salai 600 002.
10.M.V. Raja Mountamount (Singapore) Pte Ltd. 24, Raffles Place, No.18-00, Clifford Centre, Singapore 048 621.
11.Indian Bank Muthialpet Branch, 25, Armenian Street, Chennai 1.
12.The Bank of Rajasthan Ltd. Wavoo Complex, 191, NSC Bose Road, Chennai 1
13.State Bank of Hyderabad Overseas Branch, 56, Cathedral Road, Chennai 600 086.
14.State Bank of Travancore, Chennai Main Branch, United India Building, Esplanade, Chennai 600 108.
17.M. Kavitha, D/o R. Prabhakaran, No.9, Flat E6, Ashiana Apartments, II Street, Venus Colony, Chennai 18.
18.Sri Satish S/o R. Prabhakaran, No.9, Flat E6, Ashiana Apartments, II Street, Venus Colony, Chennai 18.
19.Smt. A. Shanthi W/o A.V. Anand
20.Sri A. Arunraj S/o Late A.V. Anand
21.Minor A. Krithika D/o Late A.V. Anand Rep. by mother and natural Guardian A. Shanthi
22.Smt. V. Chandralekha W/o M.V.Raja
Respondents 19 to 22 are at:
15.State Bank of Saurashtra No.48, Armenian Street, Chennai 1.
16.Sathyam Chemical Pvt. Ltd. No.1, Pillayar Koil Street, Manappakkam, Chennai 600 116.
No.4-C, Coral Manor Apartments, No.56/28, II Main Road, R.A. Puram, Chennai 600 028.
…Respondents
43
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1, R2, R4, R6, R7, R10, R16 : M/s Waraon & Sai Rams & R18 to R22.
Respondents 8, 9 & 17 remained ex parte. Respondents 11 to 15 are given up.
24. RA 169/2019 (OA 425/2001 on the file DRT-II, Chennai)
Between Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of State Bank of Saurastra vide order dt 29.4.09 In IA No.322/2008)
….Appellant
And
44
Chennai Main Branch, United India Building, Esplanade, Chennai 600 108.
15.State Bank of Patiala, No.27, Whites Road, Chennai 600 014.
16.Sathyam Chemical Pvt. Ltd. No.1, Pillayar Koil Street, Manappakkam, Chennai 600 116.
Respondents 4 to 9 are at:
C/o M.V.R. Industry Ltd. V Floor, Rayala Towers, 781, Anna Salai 600 002.
10.M.V. Raja, Chairman, Mountamount (Singapore) Pte Ltd. 24, Raffles Place, No.18-00, Clifford Centre, Singapore 048 621.
11.Indian Bank Muthialpet Branch, 25, Armenian Street, Chennai 1.
12.The Bank of Rajasthan Ltd. Wavoo Complex, 191, NSC Bose Road, Chennai 1
13.State Bank of Hyderabad Overseas Branch, 56, Cathedral Road, Chennai 600 086.
17.M. Kavitha, D/o R. Prabhakaran, No.9, Flat E6, Ashiana Apartments, II Street, Venus Colony, Chennai 18.
18.Sri Satish S/o R. Prabhakaran, No.9, Flat E6, Ashiana Apartments, II Street, Venus Colony, Chennai 18.
19.Smt. A. Shanthi W/o A.V. Anand
20.Sri A. Arunraj S/o Late A.V. Anand
21.Minor A. Krithika D/o Late A.V. Anand Rep. by mother and natural Guardian A. Shanthi
22.Smt. V. Chandralekha
14.State Bank of Travancore,
45
W/o M.V.Raja
Respondents 19 to 22 are at:
No.4-C, Coral Manor Apartments, No.56/28, II Main Road, R.A. Puram, Chennai 600 028.
…Respondents
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1, R2, R4, R6 to R10 & : M/s Waraon & Sai Rams R16 to R22.
Respondents 11 to 15 are given up.
25. RA 170/2019
(OA 425/2001 on the file DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of State Bank of Saurastra vide order dt 29.4.09 In IA No.322/2008)
….Appellant
And
46
No.10A, Ganapathy Street, Ramnagar, Ambattur, Chennai 600 053.
12.The Bank of Rajasthan Ltd. Wavoo Complex, 191, NSC Bose Road, Chennai 1
13.State Bank of Hyderabad Overseas Branch, 56, Cathedral Road, Chennai 600 086.
14.State Bank of Travancore, Chennai Main Branch, United India Building, Esplanade, Chennai 600 108.
15.State Bank of Patiala, No.27, Whites Road, Chennai 600 014..
Respondents 4 to 9 are at:
C/o M.V.R. Industry Ltd. V Floor, Rayala Towers, 781, Anna Salai 600 002.
10.M.V. Raja, Chairman, Mountamount (Singapore) Pte Ltd. 24, Raffles Place, No.18-00, Clifford Centre, Singapore 048 621.
11.Indian Bank Muthialpet Branch, 25, Armenian Street, Chennai 1.
16.Sathyam Chemical Pvt. Ltd. No.1, Pillayar Koil Street, Manappakkam, Chennai 600 116.
17.M. Kavitha, D/o R. Prabhakaran, No.9, Flat E6, Ashiana Apartments, II Street, Venus Colony, Chennai 18.
18.Sri Satish S/o R. Prabhakaran, No.9, Flat E6, Ashiana Apartments, II Street, Venus Colony, Chennai 18.
19.Smt. A. Shanthi
47
| W/o A.V. Anand | 22. Smt. V. Chandralekha W/o M.V.Raja |
|---|---|
| 20. Sri A. Arunraj | |
| S/o Late A.V. Anand | Respondents 19 to 22 are at: |
| 21. Minor A. Krithika | No.4-C, Coral Manor |
| D/o Late A.V. Anand | Apartments, |
| Rep. by mother and natural | No.56/28, II Main Road, |
| Guardian A. Shanthi | R.A. Puram, Chennai 600 028. |
…Respondents
(Respondents 17 & 18 impleaded as LRs of R3 as per order dated 24.1.2002 in IA 2616/2001 Respondents 19 to 22 impleaded of LRs of R5 as per order dated 4.12.2006 in IA 76/2006)
Counsel for appellant : M/s Anirudh Krishnan & Co.
R1, R2, R4, R6 to R10 and R16 to R22 remained ex parte.
Respondents 11 to 15 are given up.
26. RA 171/2019
(OA 403/2001 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg,
Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dated in IA No.558/2008)
….Appellant
And
48
Address of respondents 1 to 3 is:
No.46, 1st Cross Street, Sabari Nagar, Porur, Chennai 600 112.
10.Sathyam Chemicals P Ltd. No.4, East Street, West CIT Nagar, Nandanam, Chennai 600 035.
11.S. Ravi (amended as per order dated 24.9.19)
12.S. Senthil Kumar
13.S. Bangaru Laxmi
Respondents 11 to 13 are at: No.47A, Bashyam Street, Manjakuppam, Cuddalore.
…Respondents
Counsel for appellant Counsel for R1, R3 to R5, R8 to R10, R12 & R13
: M/s Anirudh Krishnan & Co. : M/s Waraon & Sai Rams
Respondent No.6 remained ex parte.
49
27. RA 172/2019 (OA 380/2001 on the file of DRT-II, Chennai) Between Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036. Presently having its registered office at: 10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place ofState Bank of Saurashtra vide order dt 9.4.09 In IA No.325/2008) ….Appellant And 1. Maxwell Exim Foods Ltd. 5. Mr. C. Rajaram No.112, Vellala Street, S/o T.R. Chakrapani Pondicherry 605 001. 6. Wellstores (Madras) Also at: Private Ltd.) V Floor, Rayala Towers, Address of Respondents 2 to 6 No.781, Anna Salai, Chennai 600 002. C/o Maxwell Exim Foods Ltd. V Floor, Rayala Towers, No.781, Anna Salai, Chennai 2. G. Balakrishnan 600 002. S/o R. Govindarajalu C/o Maxwell Exim Foods Ltd. 7. Sri M.V. Raja, Chairman, Mountamount 3. Srimathi B. Dara, (Singapore) Pte Ltd. W/o G. Balakrishnan, 24, Raffles Place, No.18-00, C/o Maxwell Exim Foods Ltd. Clifford Centre, Singapore 048 621. 4. Mr. S. Madhusoodhanan, S/o Sarangapani 8. Sri K. Sai Jagannathan, C/o Maxwell Exim Foods Ltd.
….Appellant
50
V Floor, Rayala Towers, 56, Cathedral Road, Chennai No.781, Anna Salai, Chennai 600 086. 600 002. 12.State Bank of Travancore 9. Indian Bank Chennai Main Branch, United Muthialpet Branch, India Building, 25, Armenian Street, Esplanade, Chennai 600 108. Chennai 1. 13.State Bank of Patiala, 10.The Bank of Rajasthan Ltd., Whites road branch, 191, NSC Bose Road, 27, Whites Road, Chennai 600 Wavoo Complex, Chennai 1 014. 11.State Bank of Hyderabad 14.State Bank of Mysore Overseas Branch, 231, N.S.C. Bose Road, Chennai 1. …Respondents Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1 to R8 : M/s Waraon & Sai Rams
Respondents 9 to 14 are given up.
28. RA 173/2019
(OA No.14/2005 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of State Bank of Patiala vide order dt 29.4.09 In IA No.68/2009)
….Appellant
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And
Also at:
V Floor, Rayala Towers, No.781, Anna Salai, Chennai 600 002.
Address of Respondents 2 to 6
C/o Maxwell Exim Foods Ltd. V Floor, Rayala Towers, No.781, Anna Salai, Chennai 600 002.
24, Raffles Place, No.18-00, Clifford Centre, Singapore 048 621.
10.The Bank of Rajasthan Ltd., 191, NSC Bose Road, Wavoo Complex, Chennai 1
11.State Bank of Hyderabad Overseas Branch, 56, Cathedral Road, Chennai 600 086.
12.State Bank of Travancore Chennai Main Branch, United India Building, Esplanade, Chennai 600 108.
13.State Bank of Saurashtra No.48, Armenian Street, Chennai 1.
14.State Bank of Mysore 231, N.S.C. Bose Road, Chennai 1.
…Respondents
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Counsel for appellant Counsel for R2 to R8
: M/s K.M. Aasim Shehzad & Co. : M/s Waraon & Sai Rams
Respondent No.1 remained ex parte. Respondents 9 to 14 are given up.
29. MA 66/2019
(OA 408/2001 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dt 9.4.09 In IA No.72/2009)
….Appellant
And
53
No.781, Anna Salai, Chennai 600 002.
14.State Bank of Saurashtra No.48, Armenian Street, Chennai 1.
Residence of R7 at:
Flat No.5, No.32, Subba Street, Madras 600 033.
10.R. Prabhakaran, Director (deceased) Maxwell Exim Foods Ltd. Royala Towers, 781, Anna Salai, Chennai 600 020.
11.Well Stores (Madras) Private Ltd. Anna Arivalayam, 2nd floor, 268, Anna Salai, Chennai 600 002.
12.State Bank of Hyderabad Overseas Branch, 56, Cathedral Road, Chennai 600 086. 13.State Bank of Patiala, No.27, Whites Road, Chennai 600 014.
15.State Bank of Travancore, Esplanade, Chennai 600 108.
16.The Bank of Rajasthan Ltd., 191, NSC Bose Road, Wavoo Complex, Chennai 1
17.State Bank of Mysore 231, N.S.C. Bose Road, Chennai 1.
18.Smt. Hemamalini W/o R. Prabhakaran 19.M. Kavitha, D/o R. Prabhakaran,
20.Sri Satish S/o R. Prabhakaran,
Address of R18 to R20
No.9, Flat E6, Ashiana Apartments, II Street, Venus Colony, Chennai 18.
21.Smt. A. Shanthi W/o A.V. Anand
22.Sri A. Arunraj S/o Late A.V. Anand
23.Minor A. Krithika D/o Late A.V. Anand
54
Rep. by mother and natural Guardian A. Shanthi Respondents 22 to 24 are at: No.4-C, Coral Manor 24.Smt. V. Chandralekha Apartments, W/o M.V.Raja No.56/28, II Main Road, R.A. Puram, Chennai 600 028.
…Respondents Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1 to R8, R11 and : M/s Waraon & Sai Rams & R18 to R24.
Respondents 12 to 17 are given up.
30. MA 67/2019 (OA 403/2001 on the file of DRT-II, Chennai) Between Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at: 10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dated in IA No.558/2008)
….Appellant
And 1. M/s Abhinav Exims P Ltd. 3. Gopichandran 2. G. Selvam Director, M/s Abhinav Exims Director, M/s Abhinav Exims (Madras) PLtd. P. Ltd. (deceased)
55
Address of respondents 1 to 3 Sabari Nagar, Porur, is: Chennai 600 112.
No.46, 1st Cross Street, 8. M. Venkatesan, Sabari Nagar, Porur, Chennai S/o Muthukrishna Naidu, 600 112. Anai, Vadapathi.
…Respondents
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1, R3 to R6, R10, R12&R13 : M/s Waraon & Sai Rams
Respondents 8 and 9 remained ex parte.
31. RA 41/2020 ( OA 15/2008 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg,
56
Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dated 9.4.2009 in IA No.73/2009)
….Appellant
And
2nd Lane, Cenotoph Road, Teynampet, Chennai 600 018.
(deceased) Madras 600028. No.26, East Street, West CIT Nagar, Nandanam, 9. S.P. Vairavan, Madras 600 035. Block No.6/2, HIG Flats, 4th Main Road, 4. M/s Income Builders P Ltd. Kotturpuram, Chennai 35. No.24, GST Road, Guindy, Madras 600 032. 10.L. Abinesh Babu(deceased) L. Abinesh Babu(deceased)
Madras 600 032. 10.L. Abinesh Babu(deceased) L. Abinesh Babu(deceased) No.61, Vellalar Street, 5. M/s Fashion Builders P Ltd. Aminjakarai, Chennai 29. No.475/30 HIG Flats, Anna Salai, Nandanam, 11.K. Malaroviyam, Madras 600 038. No.1, 64/26, HIG Colony, Indra Nagar, Adyar, 6. V. Chandralekha, Madras 600 020. No.15, Ganapathy Colony,
57
12.R. Arul Manalan, 13.P. Thiruvengadam, Plot No.36, 4th Layout, S/o P. Manickam, Mahalakshmi Nagar, New No.17, Old No.14F, Adambakkam, Chennai 80. Venu Street, Alandur, Chennai 600 032.
…Respondents Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R2, R4 to R7, R9, R11 & R12 : M/s Waraon & Sai Rams
R1 remained ex parte. R13 is given up.
(Appeal is dismissed as abated against R3, R8 and R10 vide order of this Tribunal dated 14.12.2022)
32. RA 42/2020
(OA 54/2008 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place ofIndian Bank vide order dated 9.4.2009 in IA No.65/2009)
….Appellant
And
58
(Appeal dismissed as abated against R7 vide order of this Tribunal dated 14.12.2022.)
59
33. RA 43/2020
(OA 15/2008 on the file of DRT-II, Chennai)
Between Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dated 9.4.2009 in IA No.73/2009)
….Appellant
And
60
…Respondents
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1, R2, R4 to R7, R9, R11 & R12 : M/s Waraon & Sai Rams
R13 is given up.
(Appeal is dismissed as abated against R3, R8 and R10 vide order of this Tribunal dated 14.12.2022)
34. RA 44/2020
(OA 15/2008 on the file of DRT-II, Chennai)
Between
Asset Reconstruction Co. India) Ltd. Shrepati Arcade, August Kranti Marg, Nana Chowk, Mumbai 400 036.
Presently having its registered office at:
10th Floor, The Ruby, 29, Senapati Bapat Marg, Dadar (West), Mumbai 400 028.
(Appellant has been substituted in place of Indian Bank vide order dated 9.4.2009 in IA No.73/2009)
….Appellant
And
61
No.102, Velacherry Road, Guindy, Madras 600 032.
Madras 600 035. 9. S.P. Vairavan, Block No.6/2, HIG Flats, 3. Mrs. Janaki Ammal 4th Main Road, (deceased) Kotturpuram, Chennai 35. No.26, East Street, West CIT Nagar, Nandanam, 10.L. Abinesh Babu(deceased) L. Abinesh Babu(deceased) Madras 600 035. No.61, Vellalar Street,
10.L. Abinesh Babu(deceased) L. Abinesh Babu(deceased) No.61, Vellalar Street, Aminjakarai, Chennai 29.
No.24, GST Road, Guindy, 11.K. Malaroviyam, Madras 600 032. No.1, 64/26, HIG Colony, Indra Nagar, Adyar, 5. M/s Fashion Builders P Ltd. Madras 600 020. No.475/30 HIG Flats, Anna Salai, Nandanam, 12.R. Arul Manalan, R. Arul Manalan, Madras 600 038. Plot No.36, 4th Layout,
12.R. Arul Manalan, R. Arul Manalan, Plot No.36, 4th Layout, Mahalakshmi Nagar, Adambakkam, Chennai 80.
2nd Lane, Cenotoph Road, 13.P. Thiruvengadam, Teynampet, Chennai 600 018. S/o P. Manickam, New No.17, Old No.14F, 7. Mr. S. Madusudanan, Venu Street, Alandur, M/4, Sudarsan Garden, Chennai 600 032.
…Respondents
Counsel for appellant : M/s Anirudh Krishnan & Co. Counsel for R1, R2, R4 to R7, R9, R11 & R12 : M/s Waraon & Sai Rams
R13 given up.
(Appeal is dismissed as abated against R3, R8 and R10 vide order of this Tribunal dated 14.12.2022)
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COMMON ORDER
Advocate Shri K. Mohit Kumar representing appellant institution submitted that appellant filed applications in four appeals viz., RA 41/2020, RA 42/2020, RA 43/2020 and RA 44/2020, in which, appeals are abated against certain respondents and those applications are pending for registration and for that reason appellant counsel is not ready for arguments in the remaining 30 appeals.
Appeals viz,. RA 146/2019 to RA 173/2019, MA 66/2019 and MA 67/2019 are ripe for arguments and they are coming for arguments since May, 2022. In respect of other four appeals where steps have to be taken in respect of deceased respondents, time was granted till 14.12.2022 and in spite of that as appellant has not taken steps, appeals against those respondents were dismissed as abated and all 34 appeals are posted for arguments to today under the caption of ‘last chance’.
Considering the representation of advocate representing appellant, he was asked to proceed with appeals, viz., RA 146/2019 to RA 173/2019, MA 66/2019, MA 67/2019 leaving other four appeals, in spite of that,
63
he submitted that short time may be granted for arguments. I am not
inclined to grant any further time.
Therefore, Appeals viz., RA 146/2019 to RA 173/2019, MA 66/2019, MA 67/2019 and RA 41/2020 to RA 44/2020 are dismissed for non prosecution.
Sd/[Justice S. Ravi Kumar] CHAIRPERSON
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3 issues framed by the court
Whether the Tribunal can dismiss appeals for non-prosecution when appellants fail to proceed despite directions.
Whether time granted to appellant for hearing requests in earlier proceedings can be extended for current hearings.
Whether the Tribunal can treat remaining appeals as 'last chance' proceedings and dismiss them for lack of participation.
Asset Reconstruction Co. India) Ltd.
Maxwell Exim Foods Ltd.
M.V.R. Industry Ltd.
M/s Abhinav Exims P Ltd.
S.Ravi Kumar
As recorded by the court registry
10 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
