The Appeal RA 166/2017 was dismissed for default as the Appellant bank did not appear on the hearing date after being notified for dismissal due to absence from a previous hearing.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 8th day of September, 2023
PRESENT: HON'BLE MR. JUSTICE S.RAVI KUMAR CHAIRPERSON
RA 166/2017 (OA 10/2006 on the of DRT-I, Chennai)
Between
IndusInd Bank Ltd., Rep. by Chief Manager/Authorised Signatory, Shri Vivek Arayakat, Village Road, Nungambakkam, Chennai 600 034.
…Appellant
And
M/s NICCO UCO ALLIANCE CREDIT LTD., NICCO House, No.2, Hare Street, Kolkatta 700 026.
…Respondent
Counsel for Appellant : M/s Ramalingam & Associates Counsel for Respondent : M/s Menon & Co.
1
ORDER
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/-
[Justice S. Ravi Kumar] CHAIRPERSON
2
IndusInd Bank Ltd.
M/s NICCO UCO ALLIANCE CREDIT LTD.
S. Ravi Kumar
As recorded by the court registry
21 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
