M s Sathya Granites v. State Bank of India
Case brief
What is this about?
The Debt Recovery Appellate Tribunal at Chennai dismissed an application for condonation of delay (IA 235/2022) and rejected the main appeal (AIR 140/2022) in default as appellants failed to appear. Attributing lack of interest to the absent appellants, the court treated the proceedings as deserted and disposed of them accordingly.
What did the court decide?
Application IA 235/2022 (Delay) dismissed for default; Appeal AIR 140/2022 rejected.
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 12th day of September, 2023
PRESENT: HON'BLE MR. JUSTICE S.RAVI KUMAR CHAIRPERSON
IA 235/2022(Delay) In
AIR 140/2022
(MA 15/2021 in OA 278/2015 on the file of DRT III, Chennai)
Between
- M/s Satya Granites
- Rep. by its Partner, Mr. P.K. Pounraj, No.69, Adhiyaman Bye-pass Road, Dharmapuri 636 701.
- Mr. P.K. Pounraj,
- 51, South Railway Road, Kumarasamypet, Dharmapuri 636 703.
- Mrs. P. Thilagavathi, Wife of Mr. P.K. Pounraj, 51/5, South Railway Road, Kumarasamypet, Dharmapuri 636 703.
Parties & counsel
- appellant
M/s Satya Granites
- appellant
Mr. P.K. Pounraj
- appellant
Mrs. P. Thilagavathi
- appellant
M/s PKP Minerals Private Limited
- appellant
M/s Shri PKP Spintex Mills Pvt. Ltd.
- respondent
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · September
- CNR
- 331090001402022
- Topic
- Banking and Recovery
All orders in this case
20 orders share this CNR
Similar cases
Judgements on the same questions, provisions and authorities, from every court