M s Muniappa Agencies Cattle Food v. Canara Bank
Case brief
What is this about?
Held the SARFAESI application challenging a sale notice was disposed of as infructuous due to the settlement of the loan account by the applicants before the decision was pronounced, without costs.
What did the court decide?
The SARFAESI application is disposed of without costs. All existing interim orders are vacated and all other IAs are closed.
What the court decided
A compact analysis
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.
1
SA No.347 of 2022 24.01.2024
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 24th day of January, 2024
Present: Shri Ganapathi K.R.K. Presiding Officer
SARFAESI APPLICATION No. 347 of 2022
| 1. | M/s.Muniappa Agencies Cattle Food, Rep.by its Proprietor Mr.R.Sevarkodiyan I III-A, RCM Complex, M R Kalvi Nagar Manthoppu, Thathanur Post-621 804. |
|---|---|
| 2. | Mr.R.Sevarkodiyan Proprietor of M/s.Muniappa Agencies Cattle Road, Flat No.2 173, Keelaveli, Ariyalur-621 804. |
| 3. | Mrs.R.Ramayee, W/o.A.Radha, 173, Kela Arisana Street, Jamin Thathanur Post, Perambalur-621 804. |
| 4. | Mr.A Radha, S/o.Mr.Aran, Flat No.2,173, Keelaveli, Ariyalur-621 804. ….Applicants |
| Vs. | |
| The | Authorized Officer, |
| Cana | ra Bank, |
| That 1/12 That |
hanur Branch, 1A, Jayankondam – Trichy Byepass hanur East, |
| Ariya | lur -621 804. ….Respondent |
| Counsels on record / appeared: | |
| Counsel for Applicant : M/s. H. Mary Sowmi Rexi |
|
| Counsel for Respondent : M/s. S.Kesavan & M.Gopi |
Parties & counsel
- applicant
M/s. Muniappa Agencies Cattle Food
- respondent
The Authorized Officer, Canara Bank
Coram
Ganapathi K.R.K
Case details
As recorded by the court registry
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