The Debt Recovery Appellate Tribunal allowed the appeal, set aside the impugned order of 31.01.2017, and directed the lower tribunal to issue a Recovery Certificate in conformity with the decree in CS No. 321/1976.
Impugned Order dated 31.01.2017 set aside; Recovery Certificate to be issued.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
R.A:184/2018
Ifci Ltd. V/S The Cannanore Spinning And Weaving Mills Ltd.
12/05/2023
Order pronounced (vide separate Order) in open court. Appeal R A 184/201 8 is allowed with costs. Impugned Order dated 31.01.2017 is set aside, and Tribunal below shall issue Recovery Certificate in accordance with law, which shall be in conformity with Decree in CS No. 321/1976 as amended on 06.07.1984. All pending IAs, if any, stand closed.
Sd/Chair Person
Ifci Ltd.
The Cannanore Spinning And Weaving Mills Ltd.
As recorded by the court registry
15 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
