This application was dismissed as withdrawn by the applicant, who stated that the auction sale had been completed and dues realized, rendering further proceedings unnecessary. No costs were awarded.
SA dismissed as withdrawn without costs; interim orders vacated and pending IAs closed.
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.
SA No.534 of 2023
02.01.2024
1
IN THE DEBTS RECOVERY TRIBUNAL-III, CHENNAI
Dated this the 02nd day of January, 2024
Present: ShriGanapathi K.R.K. Presiding Officer
SARFAESI APPLICATION No.534 of 2023
Wayne Burt Petrochemicals Pvt. Ltd., Represented by its Director TGS Mahesh A10, SIPCOT Industrial Park Irungatttukottai Sriperumbudur Kancheepuram – 602 105 ….Applicant -Vs-
The Authorised Officer LIC Housing Finance Limited “Harrington Chambers” No.30/1A, Block C, 2nd Floor Abdul Razack 1st Street Saidapet Chennai – 600 015 .…Respondent
Counsels on record / appeared:
Counsel for Applicant : M/s R. Sugumaran Counsel for Respondent : M/s Ramalingam and Associates
ORDER
SA No.534 of 2023
2
02.01.2024
had filed a memo seeking permission to withdraw the SA and prayed for passing necessary orders.
guidelines.
(Dictated to PS, transcribed by her, corrected, signed and pronounced in Open Court on this the 02nd day of January, 2024)
Sd/- (GANAPATHI K.R.K) PRESIDING OFFICER
Wayne Burt Petrochemicals Pvt. Ltd.
LIC Housing Finance Limited
Ganapathi K.R.K
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
