The tribunal dismissed the appeal for default due to the appellant bank's non-appearance and lack of interest in prosecuting the application despite being summoned for dismissal.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
R.A:166/2017
Indus Ind Bank Ltd V/S M/S.NiccoUco Alliance Credit Ltd
08/09/2023
No representation for appellant bank.
This matter is posted today for dismissal as appellant bank was absent on previous hearing i.e., 22.8.2023.
To give an opportunity to appellant bank, matter is posted to this day under the caption of “dismissal”. In spite of that, appellant bank evinced no interest in prosecuting the application.
Therefore, Appeal RA 166/2017 is dismissed for default.
Sd/Chairperson
Indus Ind Bank Ltd
M/S.NiccoUco Alliance Credit Ltd
Chairperson
As recorded by the court registry
21 orders share this CNR
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