C Durai Son of Chidambaram v. Punjab National Bank
Case brief
What is this about?
This Tribunal dismissed an application for waiver of a pre-deposit order of 50% of Rs. 96,67,788/- due to non-compliance by the appellant, resulting in the rejection of the underlying appeal.
What did the court decide?
Waiver application dismissed; underlying appeal rejected.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 16th day of April, 2025
PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN CHAIRPERSON
IA 743/2024 (Waiver)
In
AIR (SA) 1422/2024
(Arising out of IA 1620/2024 in SA 588/2024 on the file of DRT - III, Chennai)
Between
Shri.C.Durai, S/o. Chidambaram, No.26, Sarangapani Street, Sholinganallur, Chennai – 600 119 … Appellant
And
Punjab National Bank, Rep. by its Chief Manager, Circle SASTRA 2nd Floor, Spencer Plaza, No.769, Anna Salai, Chennai – 600 002 …Respondent
Counsel for Appellant : Mr.D.Durairaj Counsel for Respondent : Mr.Rahul Jain
Parties & counsel
- appellant
Shri. C. Durai
- respondent
Punjab National Bank
Coram
G. Chandrasekharan
Case details
As recorded by the court registry
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