Vk Sundarrajan v. Canara Bank
Case brief
What is this about?
In an application seeking waiver of statutory deposit under Section 18(1) of SARFAESI Act, 2002, the Debt Recovery Appellate Tribunal permitted the withdrawal of the application and appeal and dismissed them as withdrawn.
What did the court decide?
Permission accorded to withdraw the waiver application and appeal; both dismissed as withdrawn.
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 23RD DAY OF FEBRUARY, 2024
PRESENT: HON'BLE JUSTICE S.RAVI KUMAR
CHAIRPERSON
IA 110/2024 in
AIR (SA): 198/2024
( IA 2552/2023 in SA No. 494/2023 on the file of DRT, Coimbatore)
Between
V. K. Sundarrajan, S/o Kondusamy, No.3/141C, Bharathiyar Nagar, N. Kosavampatti, Namakkal – 637 002.
….Appellant
And The Authorised Officer, Canara Bank, Namakkal SME Branch, No.75, 1st Floor, Varadaraj Acade, Trichy Road, Namakkal – 637 001.
…..Respondent
Parties & counsel
- appellant
V. K. Sundarrajan
- respondent
The Authorised Officer, Canara Bank, Namakkal SME Branch
Coram
S. Ravi Kumar
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · February
- CNR
- 331090001982024
- Topic
- Banking and Recovery
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