The Apparent Authorized Officer of Phoenix ARC Pvt. Ltd. sought leave to withdraw the current application. The Tribunal accepted the withdrawal, dismissing the application and consequently rejecting the appeal as a result.
Application for leave to appeal dismissed as withdrawn; Appeal rejected.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 08th Day of January, 2025
PRESENT: HON'BLE MR. JUSTICE G. Chandrasekharan
CHAIRPERSON
IA 652/2019 (Grant Leave)
In
AIR (SA) 228/2019
(Arising out of SA 171/2018 on the file of DRT-I, Chennai)
Between
The Authorized Officer, Phoenix ARC Pvt.Ltd., No.185, 2nd Floor, Mount Road, Chennai – 600 006 …Appellant
And
Counsel for Appellant : M/s. V.Jayachandran & Associates Counsel for R1 : Mr.T.Kamalakannan Counsel for R2 : None
1
ORDER
Ld. Counsel for petitioner/appellant and Ld. Counsel for R1 are present.
Ld.counsel for petitioner/appellant submitted that petitioner may be permitted to withdraw this application and made an endorsement to that effect in the application.
In view of the same, IA 652/2019 (Grant leave) is dismissed as withdrawn. Consequently, Appeal AIR (SA) 228/2019 stands rejected.
Sd/-
[Justice G. Chandrasekharan] CHAIRPERSON
2
The Authorized Officer, Phoenix ARC Pvt. Ltd.
M/s. Oyester Homes Chennai Pvt. Ltd.
Mr. R. Jayakumar
G Chandrasekharan
As recorded by the court registry
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