The Debt Recovery Appellate Tribunal dismissed the bank's appeal for default and non-prosecution after the appellant failed to appear on two listing dates.
Costs of 1st respondent awarded to the appellant's default.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 20th Day of February, 2025
PRESENT: HON'BLE MR. JUSTICE G. Chandrasekharan
CHAIRPERSON
RA (SA) 147/2017
(Arising out of SA 95/2007 on the file of DRT-I, Chennai)
Between
The Authorised Officer, Axis Bank Limited, No.82, Dr.Radhakrishnan Salai, Chennai – 600 004. …Appellant
And
Rep. by its partners, Prince Tower 94/113 Purasawalkam High Road, Chennai – 600 084.
1
Respondents 3A to 3E are Legal Representatives of 3rd Respondent* All are residing at: B-3 Aparna Apartments, Old No.37, Ramanujam Street, T.Nagar, Chennai – 600 017
Counsel for Appellant : Mr.A.S.Kailasam & Associates Counsel for R1 : Ms.Geetha Rajasekar Counsel for R2 : None Counsel for R3(A) to R3(E) & R4 : Mr.P.L.Narayanan
*Amended as per order in IA 1061/2017 dated 14.08.2017.
ORDER
No representation for the appellant bank. This matter was listed for dismissal on 16.12.2024 and again on 30.01.2025. Ld. Counsel for the appellant did not come ready on 30.01.2025 and therefore Ld. Counsel for R1 was heard in part.
Today also there is no representation for the appellant. Ld. Counsel for R1 is present through VC. No representation for R3(A) to R3 (E) & R4.
In the said circumstances, this appeal RA (SA) 147/2017 is dismissed for default and non-prosecution with costs of 1st respondent.
Sd/-
[Justice G. Chandrasekharan] CHAIRPERSON
2
Axis Bank Limited
T.A. Bashyam
Kausan
G.K. Sriram
Lalitha Kalyanam
G. Chandrasekharan
As recorded by the court registry
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