The Debts Recovery Appellate Tribunal granted permission to withdraw a waiver application filed by the appellants, leading to the dismissal of the application and consequent rejection of the main appeal.
Permission to withdraw Application IA 610/2024 (Waiver) was granted, leading to its dismissal and rejection of the Appeal.
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IN THE DEBTS RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 26th day of February, 2025
PRESENT : HON’BLE MR. JUSTICE G. CHANDRASEKHARAN
CHAIRPERSON
IA 610/2024 (Waiver) in
AIR (SA) 1155/2024
(Arising out of I.A.No.2367/2024 in S.A.No.374/2023 on the file of DRT-I, Ernakulam)
Between
Kochi – 682 011.
… Appellants
And
1
(R5 Given Up) …Respondents
Counsel for Appellants : M/s. G. Sanjeevi Counsel for Respondents (R1 to R4) : M/s. Karthik Sundaram
ORDER
Ld. Counsel for both sides are present.
Ld. Counsel for petitioners/appellants sought permission to withdraw this application and made an endorsement to that effect in the application. Permission is granted.
In view of the endorsement, Application IA 610/2024 (Waiver) is dismissed as withdrawn resulting in rejection of Appeal AIR (SA) 1155/2024.
Sd/(JUSTICE G. CHANDRASEKHARAN)
CHAIRPERSON
2
Kriztle Bath and Wellness Private Limited
M.K. Ansari
Syed Mohamed
Standard Chartered Bank
G. CHANDRASEKHARAN
As recorded by the court registry
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