A Ramasamy v. Dbs Bank Limited
Case brief
What is this about?
Appelles failed to deposit the required sum under the conditional order by the extended deadline. Consequently, the Tribunal rejected the appeals for non-compliance with the statutory deposit requirement.
What did the court decide?
No relief; appeals rejected for failure to deposit the required statutory amount.
What the court decided
A compact analysis
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 11th Day of June, 2024
PRESENT: HON'BLE MR. JUSTICE S.RAVI KUMAR CHAIRPERSON
AIR (SA) 1881/2023 &
AIR (SA) 1894/2023
( SA 1169/2022 & SA 37/2013 on the file of DRT, Coimbatore )
I. AIR (SA) 1881/2023
Between
Mr. A. Ramasamy, Proprietor of Sri Sivaganesh Textiles, S/o Ammaasai Gounder, At No.2/426, Perumal Koil Thottam, Semmiampalayam,
K.S.N. Puram (Post), Palladam 641 662, Tirupur District
…Appellant
And
Issues for consideration
1 issue framed by the court
Whether the appeal should be dismissed for non-compliance with the statutory pre-deposit order.
Parties & counsel
- appellant
Mr. A. Ramasamy
- respondent
M/s DBS Bank Ltd.
- respondent
Reliance Assets Reconstructions Co. Ltd.
- respondent
M/s Manigoundar & Co.
Coram
Case details
As recorded by the court registry
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