The Single Judge Bench held that the present appeal against a final interim order became infructuous as it was not contested. The appeal was dismissed without substantive discussion. No substantive legal point was decided.
The appeal was dismissed as it had become infructuous.
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Appeal Dy. No. 1302/2023 Date: 23.04.2024
Kotak Mahindra Bank Ltd. Vs. M/s Prasunco Traders Pvt. Ltd.
Present: Shri Rakesh Mishra, counsel for the appellant-Bank, Shri Shadab Alam, counsel for the respondent-Borrower, Shri A. K. Pal, Advocate holding brief of Shri Umang Chopra, counsel for the respondent-Auction Purchaser,
Learned counsel for the respondent-Borrower submits that the present appeal has been filed against the interim order, in which the Tribunal below has passed the final order, therefore, the present appeal has become infructuous.
The aforesaid contention has not been refuted by the learned counsel for the appellant.
In view of the above, the present appeal is dismissed as having become infructuous.
Justice R. D. Khare Chairperson
Anupam
Kotak Mahindra Bank Ltd.
M/s Prasunco Traders Pvt. Ltd.
Auction Purchaser
R. D. Khare
As recorded by the court registry
6 orders share this CNR
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