Application challenging a Sarahesi sale notice is dismissed as withdrawn after the auction took place due to want of bidders, leaving the matter infructuous. No costs awarded.
Application dismissed as withdrawn; Interim order, if any, stands vacated; All other IAs pending stand closed.
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SA No.492 of 2023
04.01.2024
1
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 04th day of January, 2024
Present: ShriGanapathi K.R.K. Presiding Officer
SARFAESI APPLICATION No.492 of 2023
Marg Limited Rep. by its Authorised Signatory Mr. K.S. Gajendra babu 15/26, Kottur Gardens Adyar House, Kotturpuram Chennai – 600 085
Now presently having Registered Office at Sri Sai Subhodaya Apartments Basement No.57/2B, East Coast Road Thiruvanmiyur, Chennai – 600 041
….Applicant
-Vs-
The Authorised Officer Edelweiss Asset Reconstruction Company Limited Having its Registered Office at Edelweiss House, Off C.S.T.Road, Kalina Mumbai – 400 098
.…Respondent
Counsels on record / appeared:
Counsel for Applicants : M/s S. Vignesh Respondent institution yet to enter appearance
ORDER
respondent institution scheduling e-auction sale to 26.09.2023 for recovery of a sum of Rs.34,97,72,276/-.
SA No.492 of 2023
2
04.01.2024
take place for want of bidders and thus the present SA has become infructuous. Hence it is prayed that applicant may be permitted to withdraw the SA.
(Dictated to PS, transcribed by her, corrected, signed and processed through E-drt on this the 04th day of January, 2024)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
Marg Limited Rep. by its Authorised Signatory Mr. K.S. Gajendra babu
The Authorised Officer Edelweiss Asset Reconstruction Company Limited
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
