Amr Pharma India Pvt. Ltd. v. Indian Overseas Bank
Case brief
What is this about?
The Debt Recovery Appellate Tribunal dismissed the withdrawal application filed by the appellants, treating the appeal as withdrawn.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 7th day of April, 2025
PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN CHAIRPERSON
RA (SA) 12/2024
(Arising out of SA 258/2022 on the file of DRT-III, Chennai)
Between
| 1. M/s. AMR Pharma India Private Limited, Represented by its Director Mr. G. Ashok, Y-34, Bhagya Lekha Apartments, Door No.1A, First Floor, 5thAvenue Road, Anna Nagar West, Chennai 600 040. |
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|---|---|
| 2. Mr. G. Ashok, S/o Mr. Govindan, No. 3 Kalaivanar Street, |
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| Rajajipuram, Thiruvallur District, 602 001. | |
| 3. M/s. IRIS Art Galleria Private Limited, Represented by its Authorised Signatory, Mr. G. Ashok, W-18, (Old No. W-188) North Main Road, Anna Nagar West Extension, Chennai 600 101. … Appellants |
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| And | |
| The Authorised Officer Indian Overseas Bank, |
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| Maraimalai Nagar Branch, 34, Nandanar Street, |
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| Maraimalai Nagar 603 209. …Respondent |
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| Counsel for Appellants : Mr.J.Ranjith Kumar |
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| Counsel for Respondent : Mr.P.H.Vinodh Pandian |
ORDER
When the matter is taken up, Ld. Counsel for appellants submitted that appellants want to withdraw this appeal and seeks permission for the same. Ld. Counsel for appellants also made an endorsement to that effect on the appeal paper book.
Therefore, in view of the endorsement made, this Appeal RA (SA) 12/2024 is dismissed as withdrawn.
Sd/-
(JUSTICE G. CHANDRASEKHARAN)
CHAIRPERSON
1
M/s. AMR Pharma India Private Limited
Mr. G. Ashok
M/s. IRIS Art Galleria Private Limited
The Authorised Officer, Indian Overseas Bank
G. Chandrasekharan
As recorded by the court registry
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