Dismissed
P. Pon Ananthakumar v. Indian Overseas Bank
DRATREGULAR APPEAL/1/2024
What the court decided
AI extract
Outcome
Dismissed
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
IA 26/2023
in A.IR:420/2022
P.Pon Ananthakumar V/S Indian Overseas Bank &Anr
21/08/2023
This matter is posted today for compliance of order dated 23.6.2023 passed in waiver petition, extended vide orders dated 10.7.2023 and 1.8.2023 passed in IA 279/2023 (extension) and IA 307/2023 (extension) respectively and also vide order dated 17.8.2023.
Today there is no representation for appellant and according to Registry no amount is deposited till today. Therefore, conditional order is not complied with.
Hence, Appeal AIR (SA) 420/2022 is rejected, by giving effect to order dated 23.6.2023 for non compliance of statutory deposit.
Sd/Chairperson
P.Pon Ananthakumar
Indian Overseas Bank & Anr
As recorded by the court registry
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