P. Gurunathan v. Union Bank of India
Case brief
What is this about?
The Debt Recovery Appellate Tribunal at Chennai dismissed an appeal filed under Section 17(6) of the SARFAESI Act as withdrawn by the appellants. The court rejected the prayer for liberty to file a fresh appeal.
What did the court decide?
Liberty to file fresh appeal denied; Appeal dismissed as withdrawn.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 19th Day of March, 2025
PRESENT: HON'BLE MR. JUSTICE G. Chandrasekharan
CHAIRPERSON
AIR 3/2025
(Arising out of IA 618/2024 in IA 1555/2017 in OA 347/2016 on the file of DRT,
Coimbatore)
Between
- Mr. P. Gurunathan, S/o. Palani, No. 23/16, Pudur Mariamman Koil Street, Dharmapuri - 636 701
- Mrs. Savithirei Shanmuganathan, W/o. Shanmuganathan, No. 273, Palakkad Main Road, Kuniyamuthur, Coimbatore - 641008 ..…Appellants
And
- Small Industries Development Bank Of India (SIDBI), Second Floor, Mayflower E Castle, No.72, Dr. Balasundaram Road, Coimbatore - 641 018.
Parties & counsel
- appellant
Mr. P. Gurunathan
- appellant
Mrs. Savithirei Shanmuganathan
- respondent
Small Industries Development Bank Of India (SIDBI)
- respondent
Corporation Bank
- respondent
Union Bank of India
- respondent
Case details
As recorded by the court registry
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