The debt recovery appellate tribunal permitted the appellant's withdrawal of appeal MA 47/2023. The matter was dismissed as withdrawn, with a direction to the DRT to dispose of the related transfer application expeditiously.
Appeal dismissed as withdrawn; direction given to dispose of the transfer application expeditiously.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 18th day of March, 2025
PRESENT : HON’BLE MR. JUSTICE G. CHANDRASEKHARAN
CHAIRPERSON
MA 47/2023
(Arising out of I.A.765/2022 in T.A.No.561/2023 on the file of DRT-II, Chennai)
Between
A. Prabhakar Reddy & Co, No. 9, Reddy Street, Palavakkam (V & P), Uthukottai (TK), Thiruvallur (Dist) – 602 028. … Appellant
And
Plot No. 45/4, Kunal Garden, TVS Avenue, Akkarai Village, Sholinganallur, Chennai – 600 019.
NS-2, 8-2-269/19/S/D, Lavakusha Residency, Road No. 2, Banjara Hills, Hyderabad – 500 034. …Respondents Counsel for Appellant : Mr. Rahul Jain Counsel for Respondent 1 : M/s. Shivakumar and Suresh
R2 & R3 are given up
1
ORDER
Ld. Counsel for appellant and Ld. Counsel for R1 bank are present.
When the matter is taken up, Ld. Counsel for the appellant sought permission to withdraw this appeal. Ld. Counsel also made an endorsement to that effect in the appeal book.
Permitted. In view of the endorsement made for withdrawing the appeal, this appeal MA 47/2023 is dismissed as withdrawn. The Ld. Presiding Officer, DRT – II, Chennai is directed to dispose of the TA 561/2023 as expeditiously as possible.
Sd/-
(JUSTICE G. CHANDRASEKHARAN) CHAIRPERSON
2
A. Prabhakar Reddy & Co
IDBI Bank Ltd
G. Chandrasekharan
As recorded by the court registry
8 orders share this CNR
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