Sri K Deivendran v. Tamilnad Mercantile Bank Limited
Case brief
What is this about?
The Debt Recovery Appellate Tribunal at Chennai dismissed an application seeking extension of time for complying with a conditional order. Consequently, the appeal was rejected due to non-compliance with the statutory deposit requirement.
What did the court decide?
Extension of time for complying with the conditional order was dismissed; appeal was rejected.
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 20th Day of May, 2024
PRESENT: HON'BLE MR. JUSTICE S.RAVI KUMAR CHAIRPERSON
AIR(SA) 312/2024
(IA 567/2024 in SA 84/2024 on the file of DRT, Madurai)
Between
Sri K. Deivendran S/o Karuppiah, Prop. M.S. sabarimalai Om Dharmasastha Jewellers, 11/9/57A3, Dharmasastha Nagar, Usilampatty 625 532.
…Appellant
And The Authorised Officer, Tamilnad Mercantile Bank Ltd., 14/1-148, A-8, Madurai Main Road, Usilampatty, Madurai 625 532.
…..Respondent Bank
Counsel for Appellant : Shri E. Tamizharasan Counsel for Respondent Bank : Shri N. Somasundaar
Issues for consideration
2 issues framed by the court
Whether to grant an extension of time for complying with a conditional order.
Whether to allow the appeal filed regarding non-compliance of statutory deposit.
Parties & counsel
- appellant
Sri K. Deivendran S/o Karuppiah, Prop. M.S. sabarimalai Om Dharmasastha Jewellers
- respondent
The Authorised Officer, Tamilnad Mercantile Bank Ltd.
Coram
S. Ravi Kumar
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · May
- CNR
- 331090003122024
- Topic
- Banking and Recovery
Similar cases
Judgements on the same questions, provisions and authorities, from every court