The Debt Recovery Appellate Tribunal allowed four appeals, set aside impugned orders in specified securitisation applications, dismissed the applications, and ordered parties to bear their own costs.
Remitted matter by setting aside impugned orders in SA 11/2022 and SA 14/2022 and dismissing said applications.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
R.A(S.A):17/2023
Palanisamy V/S Gnanathamilarasi
24/11/2023
Order pronounced (vide separate Common Order) in open court. The Appeals R A (SA) 15/2023, RA (SA) 16/2023, RA (SA) 17/2023 and RA (SA) 18/2023 are allowed. Impugned Orders in Securitisation Applications SA 11/2022 and SA 14/2022 dated 18.03.2023 are set aside. Consequently, Securitisation Applications SA 11/2022 and SA 14/2022 are dismissed. Both parties shall bear their own costs. All pending IAs, if any, sand closed.
Sd/-
Chairperson
Palanisamy
Gnanathamilarasi
Chairperson
As recorded by the court registry
13 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
