R Vijayakumar v. Indian Bank
Case brief
What is this about?
The Tribunal allowed the SARFAESI application challenging a sale notice after the Respondent Bank withdrew the notice, citing compliance with interim orders.
What did the court decide?
Sale notice dated 06.03.2023 withdrawn; applicant granted relief without costs; interim orders vacated; other IAs closed.
What the court decided
1
SA No. 206 of 2023
25.09.2023
IN THE DEBTS RECOVERY TRIBUNAL - III, CHENNAI
Dated this the 25th day of September, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
SARFAESI APPLICATION No. 206 of 2023
Mr. R.Vijayakumar S/o. Ragavan Plot No.19, Door No.43/A Old Township Road, Venkatapuram Ambattur Chennai – 600 053 …. Applicant
Vs.
The Authorised Officer Indian Bank Vijayalakshmipuram Branch No.28, Anna Salai Vijayalakshmipuram Ambattur Chennai – 600 053 ….Respondent
Counsels on record / appeared:
Counsel for Applicant : M/s. G.Sanjeevi Counsel for Respondent : M/s. P.V.Murlidhar
Issues for consideration
1 issue framed by the court
Whether the SARFAESI application challenging the sale notice is maintainable in light of the withdrawal of the notice by the bank.
Parties & counsel
- applicant
Mr. Vijayakumar Ragavan
- respondent
The Authorised Officer Indian Bank
Coram
Ganapathi K.R.K.
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court