Muruga Traders v. State Bank of India
Case brief
What is this about?
This order dismisses a waiver application and rejects an appeal before the Debt Recovery Appellate Tribunal. The court held that the deadline for prepaid conditions set by the High Court had expired, resulting in rejection of the waiver and the appeal.
What did the court decide?
WA 930/2025 dismissed; Appeal AIR (SA) 1067/2025 rejected.
What the court decided
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 22nd Day of October , 2025
PRESENT: HON'BLE MR. JUSTICE G. Chandrasekharan CHAIRPERSON
IA 930/2025 (Waiver)
in
AIR (SA) 1067/2025
(I.A.No.4434/2024 in S.A.No.815/2024 On the file of DRT-II, Ernakulam)
Between
- M/s. Muruga Traders,
Door No.111/148 F,
Ozhichillayil House,
Swamipady, Kadangode, Thrissur – 680 584.
Issues for consideration
2 issues framed by the court
Whether the waiver of pre-deposit should be granted when the extended deadline for payment has expired without compliance.
Whether the appeal admitted against the High Court's order should be allowed in the absence of pre-deposit.
Parties & counsel
- appellant
M/s. Muruga Traders
- appellant
Mr. Biju O.C
- appellant
Mr. Chandrasekharan O.A
- appellant
Mrs. Chandramathy
- respondent
The State Bank of India
Case details
As recorded by the court registry
- Court
- DRAT
- Decided on
- · October
- CNR
- 331090010672025
- Topic
- Banking and Recovery
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