Mr R Rajan v. Asrec India Ltd.
Case brief
What is this about?
An interim appeal application was disposed of by treating the underlying appeal as infructuous following the one-time payment of the due amount by the appellant and mutual settlement between the parties.
What did the court decide?
Application for waiver is closed as infructuous; Appeal AIR (SA) 197/2022 is rejected.
What the court decided
A compact analysis
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 10th Day of December, 2024
PRESENT: HON'BLE MR. JUSTICE G. Chandrasekharan CHAIRPERSON
IA 331/2022 (Waiver) In AIR(SA) 197/2022
( Arising out of SA 357/2022 on the file of DRT, Coimbatore)
Between
Mr.R.Rajan Proprietor of M/s. Sri Angalamman Traders No.216, Eswaran Koil Street Tirupur – 641 604. …Appellant
And
- M/s.ASREC (INDIA) Ltd.,
Rep. by its Authorized Officer Room No.3, 3rd Floor Wellington Estate, No.53 Ethiraj Salai, Egmore Chennai – 600 008
- S.Raju
S/o.Late.Subramaniam No.68, Eswaran Koil Street Tirupur – 641 604
Parties & counsel
- appellant
Mr. R. Rajan Proprietor of M/s. Sri Angalamman Traders
- respondent
M/s. ASREC (INDIA) Ltd.
- respondent
S. Raju
- respondent
The Chief Judicial Magistrate Tirupur District
Coram
Case details
As recorded by the court registry
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