The Debt Recovery Appellate Tribunal dismissed a waiver application and rejected an appeal because the conditional order dated 9.3.2026 was not complied with by the appellants.
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IN THE DEBT RECOVERY APPELLATE TRIBUNAL AT CHENNAI
Dated the 9th day of April, 2026
PRESENT: HON’BLE MR. JUSTICE G. CHANDRASEKHARAN CHAIRPERSON
IA No.: 351/2026 (Waiver) In
A.I.R.NO. 493/2026
(against the order dated 10.2.2026 passed in IA No. 179/2026 in SA No. 54/2026 by DRT-II, Chennai)
Between
….. Appellants
ORDER
Learned Counsel for the Respondent is present. No representation for the Petitioner.
It is informed that the conditional order dated 9.3.2026 passed in the waiver application in IA 351/2026 (Waiver) is not complied with. Therefore, this waiver application is dismissed. Consequently, the appeal AIR 493/2026 is rejected.
Sd/-
(JUSTICE G. CHANDRASEKHARAN) CHAIRPERSON
M/s. Dhanapal Agency, Rep by it Proprietor K. Magesh
Mr. K. Magesh
Mrs. Karguna
M/s. Cholamandalam Investment and Finance Company Limited
G. Chandrasekharan
As recorded by the court registry
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