Aks Cold Storage Limited v. Indian Bank
Case brief
What is this about?
The Debt Recovery Appellate Tribunal allowed the appellants to withdraw the IA and the appeal, consequently dismissing the IA and rejecting the appeal.
What did the court decide?
Permission to withdraw the application and appeal accorded; IA dismissed as withdrawn; appeal rejected.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 7th Day of July, 2025
PRESENT: HON'BLE MR. JUSTICE G. Chandrasekharan CHAIRPERSON
IA 814/2025(Waiver) In
AIR (SA) 1198/2025
(Arising out of IA 2678/2025 in SA No.541/2025 on the file of DRT, Coimbatore)
Between
- M/s AKS Cold Storage Limited Rep. by its Managing Director Mr. AKS Saravanan, SF No.43, G2/1, Near Kealtron Road, Aroor Junction, Alaphuza, Kerala 688 534.
Also Office at:
SF No.956, AKS Farm, Bathrakaliamman Kovil Road, Thekkampatty Village, Mettupalayam 641 305.
- Mr. AKS Saravanan, S/o Late AK Subramaniam, Managing Director of M/s AKS Cold Storage Limited, 1-A-1, Saravana Illam, Mahadevapuram, Chikkadasampalayam, Mettupalayam 641 305.
Parties & counsel
- appellant
M/s AKS Cold Storage Limited
- appellant
Mr. AKS Saravanan
- respondent
Indian Bank
- respondent
Canara Bank
Coram
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · July
- CNR
- 331090011982025
- Bench
- G. Chandrasekharan
Similar cases
Judgements on the same questions, provisions and authorities, from every court