Disposed
Ms Vijayplas Fabs Pvt. Ltd. v. Indian Overseas Bank
Case brief
AI extract
What is this about?
AIA 28/2022, filed by the appellant, sought permission to withdraw the pending Appeal A.IR:160/2021 and a Waiver Application. The Debt Recovery Appellate Tribunal at Chennai, Chennai, granted permission for the withdrawal. Consequently, the Tribunal dismissed the waiver application and rejected the appeal as withdrawn, leaving other applications infructuous. The disposition was limited to administrative closure of the proceedings based on the parties' request.
What did the court decide?
Permission was accorded to withdraw the Waiver Application and Appeal. IA 28/2022 (Waiver) was dismissed as withdrawn. Appeal A.IR:160/2021 was rejected.