Mr R Sridhar v. Indian Bank
Case brief
What is this about?
Debts Recovery Tribunal dismissed a Section 17 SARFAESI sale notice application as withdrawn by the applicant due to non-compliance with a conditional order and frustration of the sale opportunity.
What did the court decide?
SA dismissed as withdrawn by applicant; subsisting interim order vacated; all other pending IAs closed.
What the court decided
1
S.A.No.573 of 2023 15.12.2023
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 15th day of December, 2023
Present: Shri Ganapathi K.R.K. Presiding Officer
SARFAESI APPLICATION No. 573 of 2023
Mr.R.Sridhar
S/o Mr.Ramamoorthy D Block, First Floor, M M Oasis Lakshmi Nagar, First Street Gerugambakkam Chennai – 600 122 ….Applicant
Vs
The Authorized Officer Indian bank Guindy Branch 131, SIDCO Building GST Road, Guindy Chennai – 600 032 ….Respondent
Counsels on record / appeared:
Counsel for Applicant : M/s ARK Law Associates Counsel for respondent : M/s P.V.Murlidhar
Parties & counsel
- applicant
Mr. R. Sridhar
- respondent
The Authorized Officer, Indian Bank Guindy Branch
Coram
Ganapathi K.R.K
Case details
As recorded by the court registry
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